Forsyth, NC County is a great place to live because it offers affordable housing compared to the national average. The average rent for a two bedroom apartment is $970 per month in Forsyth County, while the national average for the same size property is $1,430. Furthermore, grocery costs in Forsyth County are also quite low with an index of 96 compared to 100 in the United States overall. There are many local businesses in this county such as Piedmont Volkswagen and Advanced Automotive. These businesses provide employment opportunities as well as services that benefit the community. Overall, Forsyth County provides an excellent quality of life at an affordable cost which makes it appealing when compared to living in other areas of the country.
Forsyth County has an unemployment rate of 4.6%. The US average is 6.0%.
Forsyth 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 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Forsyth County
- The Sales Tax Rate for Forsyth County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Forsyth 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 Forsyth County
- The average income of a Forsyth County resident is $26,670 a year. The US average is $28,555 a year.
- The Median household income of a Forsyth County resident is $56,830 a year. The US average is $69,021 a year.