Wilson, NC is an attractive city for homebuyers due to its low cost of living. Two bedroom rent in Wilson is $940, substantially lower than the US average of $1,430. The grocery cost index is also lower than the national average at 95 versus 100. The city has a variety of local companies such as Truist Financial Corporation, Primo Water Corporation, and Harris Teeter that offer competitive wages and benefits packages. With a lower cost of living than most other cities in North Carolina and beyond, Wilson offers an inviting atmosphere for potential homeowners.
Wilson has an unemployment rate of 7.2%. The US average is 6.0%.
Wilson has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 19.1%, which is lower than the US average of 33.5%.
Tax Rates for Wilson
- The Sales Tax Rate for Wilson is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wilson 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 Wilson
- The average income of a Wilson resident is $21,845 a year. The US average is $28,555 a year.
- The Median household income of a Wilson resident is $46,146 a year. The US average is $69,021 a year.