Lake Lure, NC is a beautiful area located in the foothills of the Blue Ridge Mountains. It has been a hotspot for vacationers and retirees alike, thanks to its picturesque scenery and mild climate. The cost of living in Lake Lure is relatively low when compared to the national average, with 2 bedroom rent prices at $770 compared to the US average of $1,430. Additionally, the Grocery Cost Index in Lake Lure is 103 compared to 100 nationally. This makes it a desirable location for those looking for an affordable yet enjoyable place to live.
The area also boasts a number of business opportunities such as the Apple Valley Mountain Village and Lake Lure Inn & Spa. Also nearby are numerous outdoor activities, including skiing, hiking, rafting, fishing and golfing all within reach. With its natural beauty and low cost of living, Lake Lure is quickly becoming one of North Carolina's most popular destinations.
Lake Lure has an unemployment rate of 6.1%. The US average is 6.0%.
Lake Lure has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Lake Lure
- The Sales Tax Rate for Lake Lure is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Lure 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 Lake Lure
- The average income of a Lake Lure resident is $42,884 a year. The US average is $28,555 a year.
- The Median household income of a Lake Lure resident is $70,958 a year. The US average is $69,021 a year.