Mitchell County is a small county located in western North Carolina. Home to the towns of Bakersville and Spruce Pine, Mitchell County is known for its rural beauty and outdoor recreation. With a population of just over 15000 people, it’s no wonder that two bedroom rent averages $770 per month here - significantly lower than the US average of $1430. The cost of living also remains low in Mitchell County thanks to the Grocery Cost Index which is 97 compared to the national average of 100. Though still rural and off the beaten path, Mitchell County is home to many businesses including Mayland Community College, Mary Jo’s Cloth Store and Fabric Outlet, as well as various restaurants like Harry & Jeans Diner.
Mitchell County has an unemployment rate of 5.3%. The US average is 6.0%.
Mitchell County has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Mitchell County
- The Sales Tax Rate for Mitchell County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mitchell 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 Mitchell County
- The average income of a Mitchell County resident is $21,388 a year. The US average is $28,555 a year.
- The Median household income of a Mitchell County resident is $48,320 a year. The US average is $69,021 a year.