Montreat, NC is a small town located in North Carolina. The town offers an affordable living experience with two bedroom rent prices at $1,300 compared to the national average of $1,430. Not only does the cost of living in Montreat remain low, but the Grocery Cost Index is also 104 versus 100 in the US. \nThe local economy of Montreat is made up of several companies and organizations, including Montreat College, Black Mountain Savings Bank, Timberline Landscaping and Garden Supply, and Sleepy Poet Antique Mall. With a variety of exciting businesses and activities to explore, there's something for everyone to enjoy in Montreat!
Montreat has an unemployment rate of 4.3%. The US average is 6.0%.
Montreat has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Montreat
- The Sales Tax Rate for Montreat is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Montreat 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 Montreat
- The average income of a Montreat resident is $2,783 a year. The US average is $37,638 a year.
- The Median household income of a Montreat resident is $0 a year. The US average is $69,021 a year.