Lincoln County, in North Carolina, is a great place to live and raise a family. The cost of living is relatively low with the average 2 bedroom rent being only $920 per month compared to the US average of $1,430 per month. Additionally, the grocery cost index in Lincoln is 96 compared to 100 in the US. Many local businesses have taken up residence here including Lincoln County Schools, Lincoln Memorial University, and Red Line Industries. There are also many small businesses offering services such as auto repair shops and restaurants. In Lincoln County you can find many opportunities for employment and a great quality of life.
Lincoln County has an unemployment rate of 3.9%. The US average is 6.0%.
Lincoln County has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.5%, which is higher than the US average of 33.5%.
Tax Rates for Lincoln County
- The Sales Tax Rate for Lincoln County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lincoln 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 Lincoln County
- The average income of a Lincoln County resident is $25,693 a year. The US average is $28,555 a year.
- The Median household income of a Lincoln County resident is $65,399 a year. The US average is $69,021 a year.