Valdese, NC is a small town located in Burke County and is known for its rich history. The cost of living is more affordable with 2 bedroom rent at $760 per month, compared to the US average of $1,430. Groceries are also much cheaper than the US average index of 100 with Valdese's index at 95. Some local businesses include Valdese Weavers which has been weaving high-quality fabrics since 1922, Old Rock Café & Gallery which serves up some of the best southern cuisine in town, and Tails Pet Supply which supplies locals with their pet needs. Three interesting facts about Valdese include that it was founded by Waldensians from Italy in 1893, it’s home to the world’s first “Dark Sky Community” where no artificial lighting is used, and it’s home to America’s largest free outdoor drama called “The Song Of The Mountains”.
Valdese has an unemployment rate of 4.4%. The US average is 6.0%.
Valdese has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Valdese
- The Sales Tax Rate for Valdese is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Valdese 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 Valdese
- The average income of a Valdese resident is $31,618 a year. The US average is $37,638 a year.
- The Median household income of a Valdese resident is $63,068 a year. The US average is $69,021 a year.