Washington Park, NC is a small town located in the southeastern part of North Carolina. The community is known for its friendly atmosphere and affordable cost of living. The average two-bedroom rent in Washington Park is only $910 per month, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Washington Park is 97 versus the US average of 100, highlighting that groceries are even cheaper than elsewhere in the country.
The town offers a variety of activities for residents to enjoy such as visiting Hunter Farms Corn Maze or enjoying a summer day on Lake Gaston’s shoreline. There are also a number of local businesses operating here, including Washington Bistro and Barbecue House, Buddies Discount Tire & Auto Care and Johnson Chiropractic & Physical Therapy. With great restaurants and affordable rental rates, Washington Park is an excellent place to call home.
Washington Park has an unemployment rate of 4.5%. The US average is 6.0%.
Washington Park has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Washington Park
- The Sales Tax Rate for Washington Park is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Washington Park 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 Washington Park
- The average income of a Washington Park resident is $40,876 a year. The US average is $37,638 a year.
- The Median household income of a Washington Park resident is $84,107 a year. The US average is $69,021 a year.