Royal Pines, NC is an attractive city located in North Carolina. The cost of living is higher than the national average but it's a great place to live with plenty of amenities. The median 2-bedroom rent in Royal Pines is $1,730 compared to the US average of $1,430. Grocery costs are also slightly higher with the grocery cost index at 103 versus 100 in the US.
Royal Pines provides many job opportunities for those who live there. Large employers include BB&T Bank, Food Lion grocery store, and Caromont Health hospital. There are also numerous small businesses such as boutique stores, restaurants, and salons that contribute to the local economy.
Royal Pines has an unemployment rate of 4.3%. The US average is 6.0%.
Royal Pines has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.
Tax Rates for Royal Pines
- The Sales Tax Rate for Royal Pines is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Royal Pines 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 Royal Pines
- The average income of a Royal Pines resident is $32,522 a year. The US average is $28,555 a year.
- The Median household income of a Royal Pines resident is $93,909 a year. The US average is $69,021 a year.