Ivanhoe, NC is a small town located in the coastal plains of North Carolina. This vibrant community is home to a variety of local businesses including Ivanhoe Auto Center, Ivanhoe Hardware Store, and Ivanhoe Family Restaurant. The culture in Ivanhoe reflects that of the rest of the South; friendly people who value family and hard work. In terms of weather, Ivanhoe experiences hot summers with highs around 90 degrees Fahrenheit and mild winters with lows around 40 degrees Fahrenheit. Rent for two bedroom apartments is much more affordable than the national average at $890 per month while grocery cost index is slightly lower than the national average at 96 versus 100 in the US. It's no wonder that many people choose to call this quaint town home!
Ivanhoe has an unemployment rate of 4.3%. The US average is 6.0%.
Ivanhoe has seen the job market decrease by -6.0% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.
Tax Rates for Ivanhoe
- The Sales Tax Rate for Ivanhoe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ivanhoe is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Ivanhoe
- The average income of a Ivanhoe resident is $15,060 a year. The US average is $37,638 a year.
- The Median household income of a Ivanhoe resident is $0 a year. The US average is $69,021 a year.