Momeyer, NC is a small town located in North Carolina about 35 miles from Raleigh and Durham. It has a population of around 1000 people and is primarily comprised of single-family homes. The cost of living in Momeyer is relatively low; two bedroom rents are $930 compared to the U.S. average of $1,430. Additionally, the Grocery Cost Index in Momeyer is 96 versus 100 in the U.S., making it an affordable place to live for those looking to stretch their budget further.
In terms of local business, Momeyer has several small restaurants and shops including Susie's Country Store, John’s Dairy Bar, and St George Pharmacy that serve residents’ everyday needs. Additionally, there are several agricultural companies such as Howell Farms and Smith Orchards that provide fresh produce to locals as well as goods for sale at farmers markets around the area. Overall, Momeyer is a great place to live or visit with its quaint atmosphere and affordability for those looking for a change of pace from city life.
Momeyer has an unemployment rate of 5.8%. The US average is 6.0%.
Momeyer has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.
Tax Rates for Momeyer
- The Sales Tax Rate for Momeyer is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Momeyer 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 Momeyer
- The average income of a Momeyer resident is $22,518 a year. The US average is $28,555 a year.
- The Median household income of a Momeyer resident is $39,375 a year. The US average is $69,021 a year.