Old Hundred, NC is a quaint small town with a population of less than 1000 people. Though it may be small in size, Old Hundred has a lot to offer its residents. For instance, the average rent for a 2 bedroom apartment is $710 per month which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Old Hundred is 93 versus 100 in the US - meaning food and other goods cost 7% less in Old Hundred than they do across the country. Residents of Old Hundred have access to local businesses such as Oakes Family Farm (agricultural produce), Silver Lake Distillery (spirits distillery), The Curbside Grill (food truck/catering services), and Last Chance Brewery (local craft beer). All of these attract tourists who come from near and far to experience all that Old Hundred has to offer.
Old Hundred has an unemployment rate of 8.9%. The US average is 6.0%.
Old Hundred has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Old Hundred
- The Sales Tax Rate for Old Hundred is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Old Hundred 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 Old Hundred
- The average income of a Old Hundred resident is $4,638 a year. The US average is $37,638 a year.
- The Median household income of a Old Hundred resident is $0 a year. The US average is $69,021 a year.