Salvo, NC is a coastal town located in the eastern part of North Carolina. It is a family-friendly and affordable area with two-bedroom rental prices that are $370 higher than the national average of $1,430. Additionally, Salvo's grocery cost index is 4 points higher than the national average of 100. The area has plenty to offer residents with local attractions such as the Salvo Beach Access Park, the historic Salvo Pier, and many other shops and restaurants. Local companies include Chirp Oyster Bar & Grill, Hair It Is Salon & Spa, and Salvo Surf Shop Inc., all offering unique services for locals and visitors alike.
Salvo has an unemployment rate of 7.5%. The US average is 6.0%.
Salvo has seen the job market decrease by -8.5% 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 Salvo
- The Sales Tax Rate for Salvo is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Salvo 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 Salvo
- The average income of a Salvo resident is $24,843 a year. The US average is $37,638 a year.
- The Median household income of a Salvo resident is $56,027 a year. The US average is $69,021 a year.