Halifax, NC County is a great place to live for many reasons. It has a low 2 bedroom rent rate of $840 compared to the US average of $1,430. Furthermore, locals have the benefit of lower grocery costs with a Grocery Cost Index in Halifax, NC County at 93 compared to the US at 100. There are many local companies that contribute to the economy such as Harris Teeter Grocery Store, Advance Auto Parts, Food Lion Supermarket and more. Halifax is an excellent place to live due to its affordable rental rates and accessible grocery costs.
Halifax County has an unemployment rate of 6.9%. The US average is 6.0%.
Halifax County has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.
Tax Rates for Halifax County
- The Sales Tax Rate for Halifax County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Halifax 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 Halifax County
- The average income of a Halifax County resident is $18,728 a year. The US average is $28,555 a year.
- The Median household income of a Halifax County resident is $37,832 a year. The US average is $69,021 a year.