Raemon, NC is a charming town situated in Eastern North Carolina. It is home to a wide variety of businesses from retail stores and restaurants to manufacturing industries. This small town has a lot to offer its residents in terms of employment opportunities as well as recreational activities. The cost of living in Raemon is quite affordable with two bedroom rent being only $850 compared to the national average of $1,430. Additionally, the grocery cost index for Raemon is 92 compared to 100 for the US overall. Local companies include Walmart, Home Depot, Lowe’s Home Improvement, Food Lion Grocery Store, and Raemon State University Medical Center. The local job market consists of opportunities across many industries including healthcare, education, manufacturing and retail. Furthermore, some major employers are Duke LifePoint Healthcare and Wake Forest Baptist Health Care System. In addition to being an economical place to live and work, Raemon has many parks and recreational areas that provide residents with plenty of outdoor activities such as fishing at Lake Dan or camping at Uwharrie National Forest.
Raemon has an unemployment rate of 6.8%. The US average is 6.0%.
Raemon has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Raemon
- The Sales Tax Rate for Raemon is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Raemon 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 Raemon
- The average income of a Raemon resident is $13,726 a year. The US average is $37,638 a year.
- The Median household income of a Raemon resident is $0 a year. The US average is $69,021 a year.