Davidson, NC County is a great place to live and raise a family. With its low 2 bedroom rent ($840 compared to the US average of $1,430), it is an affordable area that appeal to many. Its Grocery Cost Index (95) is just under the US average (100), making it a great place for those on a budget. Davidson County also offers many attractions and activities. It is home to popular companies such as Lowe's and Ingersoll Rand, as well as several restaurants and small businesses. The town of Davidson itself features quaint shops and antique stores for locals to explore, while nearby Lake Norman State Park provides outdoor recreation and scenic views.
Davidson County has an unemployment rate of 4.4%. The US average is 6.0%.
Davidson County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Davidson County
- The Sales Tax Rate for Davidson County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Davidson County 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 Davidson County
- The average income of a Davidson County resident is $22,465 a year. The US average is $28,555 a year.
- The Median household income of a Davidson County resident is $53,083 a year. The US average is $69,021 a year.