Love Valley, NC is a charming small town located in the foothills of western North Carolina. It's a peaceful, laid back community with an affordable cost of living. Rent for two-bedroom apartments is much lower than the US average at just $930 per month and grocery prices are even more economical with an index of 96 versus 100 in the US. Love Valley offers all the benefits of small-town living with easy access to nearby larger towns such as Charlotte and Winston-Salem. The town boasts several local businesses like Love Valley General Store & Grill, Pisgah Mountain Motorsports Park, and Hillbilly Café & Grocery. These local businesses offer everything from home goods to motor sports to fresh food and provide unique experiences that bring out the best of what Love Valley has to offer.
Love Valley has an unemployment rate of 4.4%. The US average is 6.0%.
Love Valley 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Love Valley
- The Sales Tax Rate for Love Valley is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Love Valley 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 Love Valley
- The average income of a Love Valley resident is $19,073 a year. The US average is $37,638 a year.
- The Median household income of a Love Valley resident is $23,750 a year. The US average is $69,021 a year.