Cabarrus County, North Carolina is a great place to live. It offers many attractions and companies that make living there enjoyable. The cost of living is comparatively lower than in the US, with a 2 bedroom rent being $1,330 compared to $1,430 nationwide. Additionally, the grocery cost index in Cabarrus County is 97 versus 100 in the US overall. For entertainment, local favorites include the Cabarrus Arena & Events Center, the Sea Life Charlotte-Concord Aquarium, and Frank Liske Park. Popular employers in the county are Atrium Health, Cabarrus County Schools, Lowe’s Home Improvement Warehouse Store Corp., JELD-WEN Inc., and AMC Entertainment Inc. There are also many smaller businesses such as cafes and restaurants that contribute heavily to the local economy.
Cabarrus County has an unemployment rate of 4.2%. The US average is 6.0%.
Cabarrus County has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.
Tax Rates for Cabarrus County
- The Sales Tax Rate for Cabarrus County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cabarrus 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 Cabarrus County
- The average income of a Cabarrus County resident is $25,544 a year. The US average is $28,555 a year.
- The Median household income of a Cabarrus County resident is $75,765 a year. The US average is $69,021 a year.