Pikeville, NC is a small town located in Wayne County. Known for its friendly atmosphere and low cost of living, Pikeville offers many unique experiences to those who call it home. Local businesses such as Wayne Grocery, The Pizza Shop, and Smith's Hardware Store offer their services to area residents. The 2 bedroom rent in Pikeville is $1,140 compared to the national average of $1,430. Similarly, the Grocery Cost Index in Pikeville is 94 versus 100 in the US. This makes it an ideal choice for those looking for a relaxed lifestyle at an affordable price. Residents appreciate the small-town charm that Pikeville offers while still having access to nearby amenities such as parks and shopping centers. With its low cost of living and friendly atmosphere, Pikeville provides a high quality of life for all who call it home.
Pikeville has an unemployment rate of 4.8%. The US average is 6.0%.
Pikeville has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.
Tax Rates for Pikeville
- The Sales Tax Rate for Pikeville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pikeville 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 Pikeville
- The average income of a Pikeville resident is $20,119 a year. The US average is $28,555 a year.
- The Median household income of a Pikeville resident is $51,250 a year. The US average is $69,021 a year.