South Mills, NC is a small town located in Northeastern North Carolina with a population of around 500 people. It is an ideal location for those looking for a peaceful and quiet community to live in. In terms of housing, 2 bedroom rent in South Mills is $1,210 which is slightly less than the US average of $1,430. The cost of living here is also quite reasonable with a Grocery Cost Index at 100 which matches the US average.
Some notable companies located in South Mills include M&M Marina LLC, South Mills Pharmacy, and Lattin Farms. The town also has several local stores such as Country Corners IGA, Old Towne Meats & Seafoods, and Food Lion Supermarket providing residents with basic necessities. With a relatively low cost of living compared to other parts of the country coupled with plenty of amenities nearby, South Mills can be an incredibly affordable place to live for both individuals and families alike.
South Mills has an unemployment rate of 3.6%. The US average is 6.0%.
South Mills has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 29.4%, which is lower than the US average of 33.5%.
Tax Rates for South Mills
- The Sales Tax Rate for South Mills is 6.8%. The US average is 7.3%.
- The Income Tax Rate for South Mills 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 South Mills
- The average income of a South Mills resident is $19,969 a year. The US average is $37,638 a year.
- The Median household income of a South Mills resident is $0 a year. The US average is $69,021 a year.