Northlakes, NC is a wonderful place to call home. The average 2 bedroom rent is significantly lower than the national average at $870 compared to $1,430. This makes it a great option for those who want to keep their housing costs affordable. Grocery costs are also lower in Northlakes when compared to the US with an index of 96 versus 100. Residents can save even more money on groceries by visiting local companies like Harris Teeter or Food Lion. All in all, Northlakes has an excellent cost of living that makes it an ideal city for many people.
Northlakes has an unemployment rate of 4.8%. The US average is 6.0%.
Northlakes has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Northlakes
- The Sales Tax Rate for Northlakes is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Northlakes 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 Northlakes
- The average income of a Northlakes resident is $34,918 a year. The US average is $28,555 a year.
- The Median household income of a Northlakes resident is $85,647 a year. The US average is $69,021 a year.