Riegelwood, NC is a small town in North Carolina with a population of approximately 3,000 people. The average rent for a two bedroom apartment is $940, which is significantly lower than the national average of $1,430. In addition to being more affordable as far as rent goes than other parts of the country, Riegelwood also has a lower cost of living index relative to the US at 94. Therefore, it can be an attractive place for people to live who have limited means and want more for their money. Local businesses include Cashwell's General Store, Berry & Best Auto Repair Shop, and Walters Pawn & Loan Shop. There are plenty of other restaurants and shops in town that make Riegelwood an enjoyable place to live or visit.
Riegelwood has an unemployment rate of 6.1%. The US average is 6.0%.
Riegelwood has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Riegelwood
- The Sales Tax Rate for Riegelwood is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Riegelwood 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 Riegelwood
- The average income of a Riegelwood resident is $20,706 a year. The US average is $28,555 a year.
- The Median household income of a Riegelwood resident is $39,732 a year. The US average is $69,021 a year.