Economy in Light Oak, North Carolina

Light Oak has an unemployment rate of 4.0%. The US average is 3.9%.

Light Oak has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Light Oak
- The Sales Tax Rate for Light Oak is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Light Oak 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 Light Oak
- The average income of a Light Oak resident is $16,902 a year. The US average is $28,555 a year.
- The Median household income of a Light Oak resident is $30,923 a year. The US average is $53,482 a year.