Lake Park, NC is a charming small town located in the southeastern part of the state. With an average cost of living 2 bedroom rent at $1,790 and grocery costs index at 99 versus 100 in the US, Lake Park is a great place to live for those looking for economical options. The city is home to many local companies such as Glenwood Stables, Ironwood Construction, and Paradise Pizza. The community prides itself on providing excellent services and friendly customer service with each business offering something unique!
Lake Park has an unemployment rate of 3.7%. The US average is 6.0%.
Lake Park has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.
Tax Rates for Lake Park
- The Sales Tax Rate for Lake Park is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Park 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 Park
- The average income of a Lake Park resident is $32,281 a year. The US average is $37,638 a year.
- The Median household income of a Lake Park resident is $68,733 a year. The US average is $69,021 a year.