Rockingham, NC is a small town located in Richmond County with a population of about 9,400 people. Although it is considered to be small-town America, Rockingham also provides plenty of opportunities for those who live in the area. The median rent for a 2 bedroom apartment is $750, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Rockingham is 94 versus 100 in the US. Residents can shop at local stores such as Piggly Wiggly supermarkets or Walmart supercenter to save money on groceries. Furthermore, large companies such as Biscuitville have their headquarters in Rockingham so there are plenty of job opportunities for locals. Overall Rockingham offers its residents an affordable cost of living along with plentiful job opportunities.
Rockingham has an unemployment rate of 6.7%. The US average is 6.0%.
Rockingham has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.
Tax Rates for Rockingham
- The Sales Tax Rate for Rockingham is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rockingham 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 Rockingham
- The average income of a Rockingham resident is $22,344 a year. The US average is $37,638 a year.
- The Median household income of a Rockingham resident is $33,351 a year. The US average is $69,021 a year.