Rowan, NC County is a great place to live, offering a variety of activities and amenities for families and individuals alike. It is an affordable area with a two bedroom rent of $980, much cheaper than the US average of $1,430. Additionally, the Grocery Cost Index in Rowan is 95 compared to 100 in the US. There are many local companies in Rowan that contribute to its economy such as Food Lion, Glen Raven, Christian Salvesen Logistics and Corning Incorporated. The county is also known for its outdoor activities including camping, tubing, fishing and hiking at High Rock Lake Park. All of these factors make Rowan County an ideal place to live for anyone looking for a peaceful and affordable lifestyle.
Rowan County has an unemployment rate of 4.7%. The US average is 6.0%.
Rowan County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.
Tax Rates for Rowan County
- The Sales Tax Rate for Rowan County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rowan 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 Rowan County
- The average income of a Rowan County resident is $27,964 a year. The US average is $37,638 a year.
- The Median household income of a Rowan County resident is $53,600 a year. The US average is $69,021 a year.