River Road, NC is a small town located in North Carolina with a population of just over 1,000 people. Despite its size, River Road offers an array of local businesses and attractions that make it a great place to live. These include popular restaurants such as The Tea Room and the local barber shop known for its haircuts. Additionally, River Road is known for having some of the most affordable rental rates in North Carolina; 2-bedroom apartments currently rent for $910 compared to the national average of $1,430. The grocery cost index in River Road is 97 versus 100 in the US, making it an affordable place to buy groceries as well. All in all, River Road is an affordable area with plenty to do and see - perfect for those looking for an idyllic small-town feel without breaking their budget!
River Road has an unemployment rate of 4.5%. The US average is 6.0%.
River Road has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for River Road
- The Sales Tax Rate for River Road is 6.8%. The US average is 7.3%.
- The Income Tax Rate for River Road 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 River Road
- The average income of a River Road resident is $26,320 a year. The US average is $28,555 a year.
- The Median household income of a River Road resident is $43,867 a year. The US average is $69,021 a year.