Lake Norman of Catawba, NC is a vibrant community located just northwest of Charlotte. Popular among families, it offers a variety of businesses in the area including restaurants, retail stores, banks and other services. Those looking to call Lake Norman home have access to two bedroom rentals priced around $1,540 a month. This is slightly higher than the national average rent of $1,430 for two bedrooms. The overall cost of living in the area is slightly higher than average as well with a Grocery Cost Index of 103 compared to 100 nationally. Despite the higher costs associated with living in the area many people still find it an attractive option due to its safe environment and numerous local amenities.
Lake Norman of Iredell has an unemployment rate of 4.5%. The US average is 6.0%.
Lake Norman of Iredell has seen the job market decrease by -6.5% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.
Tax Rates for Lake Norman of Iredell
- The Sales Tax Rate for Lake Norman of Iredell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Norman of Iredell 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 Norman of Iredell
- The average income of a Lake Norman of Iredell resident is $78,067 a year. The US average is $37,638 a year.
- The Median household income of a Lake Norman of Iredell resident is $162,143 a year. The US average is $69,021 a year.