Laurinburg, NC is a great place to live for those looking for an affordable lifestyle. The cost of two-bedroom rent in Laurinburg is $760 per month, which is considerably lower than the US average of $1,430. Additionally, the Grocer Cost Index in Laurinburg is 94 versus 100 in the US. For groceries and other necessities, it means that you can get more bang for your buck when living in Laurinburg.
The area offers plenty of opportunities for employment with local companies such as Scotland Health Care System, Lumbee River Electric Membership Corporation, Crowne Plaza Hotel and Conference Center and more. With a wide variety of shops, parks and recreational activities available to its residents as well as easy access to cities like Fayetteville and Raleigh which are only a few hours away, Laurinburg offers a nice balance between city life and suburban charm.
Laurinburg has an unemployment rate of 8.9%. The US average is 6.0%.
Laurinburg has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Laurinburg
- The Sales Tax Rate for Laurinburg is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Laurinburg 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 Laurinburg
- The average income of a Laurinburg resident is $25,133 a year. The US average is $37,638 a year.
- The Median household income of a Laurinburg resident is $35,776 a year. The US average is $69,021 a year.