Princeville, NC is a small town located in the eastern region of North Carolina. It provides an affordable living option for those looking to relocate; rent for two-bedroom homes is currently at $850 whereas the US average is $1,430. Additionally, grocery costs are much lower than the national average at 92 as compared to 100 in the US.
Residents of Princeville enjoy a relaxed lifestyle and many outdoor activities in nearby parks including Hope Mills Lake Park and Raven Rock State Park. There are also plenty of local businesses such as TAS Products, Inc., Carolina Eastern Lumber Company and Princeville Motors that offer employment opportunities in town. Other attractions include the Princeville Heritage Museum which displays artifacts from the town’s early history.
Princeville has an unemployment rate of 7.5%. The US average is 6.0%.
Princeville has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 15.2%, which is lower than the US average of 33.5%.
Tax Rates for Princeville
- The Sales Tax Rate for Princeville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Princeville 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 Princeville
- The average income of a Princeville resident is $17,602 a year. The US average is $37,638 a year.
- The Median household income of a Princeville resident is $37,465 a year. The US average is $69,021 a year.