Valley Hill, NC Economy


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Valley Hill, NC is a great place to live for those looking for affordable housing. The average rent for a 2-bedroom apartment in Valley Hill is $1,310 as compared to the national average of $1,430. Additionally, the cost of groceries in Valley Hill is only slightly higher than the national index, at 102 versus 100 in the US. Valley Hill also has plenty of local businesses to explore like Bob's Bakery and Smith's Grocery Store. All things considered, it offers an excellent quality of life with a lower cost of living than many other cities in the United States.

Valley Hill has an unemployment rate of 4.0%. The US average is 6.0%.

Valley Hill has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.

Tax Rates for Valley Hill
- The Sales Tax Rate for Valley Hill is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Valley Hill 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 Valley Hill
- The average income of a Valley Hill resident is $22,665 a year. The US average is $28,555 a year.
- The Median household income of a Valley Hill resident is $97,781 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyValley Hill, North CarolinaUnited States
  46
  -9.0%-6.2%
  40.6%33.5%
  6.8%6.2%
  5.3%4.6%
  $42,300$37,638
  $97,781$69,021
  $98,189$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.2%6.8%
  5.1%10.0%
  0.6%2.5%
  23.6%11.0%
  1.1%4.8%
  1.5%0.8%
  1.1%1.9%
  1.9%4.7%
  3.6%1.9%
  3.4%7.6%
  0.0%0.1%
  2.8%4.2%
  6.5%9.3%
  17.5%14.0%
  0.0%2.1%
  17.5%7.0%
  3.0%4.8%
  3.5%4.7%
Health
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