Stedman, NC is a small town located in Cumberland County. It is known for its rural atmosphere, with many local farms and parks. The 2 bedroom rent in Stedman is considerably lower than the US average ($1,430), which makes it an affordable place to live. Grocery prices are also relatively low, with the Grocery Cost Index being 95 compared to 100 in the US. There are several notable companies and schools located in Stedman such as Duke Energy, Smithfield Foods and Stedman Elementary School. The community is close-knit and welcoming, making it a great place to call home.
Stedman has an unemployment rate of 6.5%. The US average is 6.0%.
Stedman has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Stedman
- The Sales Tax Rate for Stedman is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Stedman 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 Stedman
- The average income of a Stedman resident is $36,043 a year. The US average is $37,638 a year.
- The Median household income of a Stedman resident is $86,875 a year. The US average is $69,021 a year.