Swain County is located in western North Carolina and is home to many small businesses. It is an excellent place to live due to the lower cost of living: 2 bedroom rent is $770 as opposed to the US 2 Bedroom Rent of $1,430 and the Grocery Cost Index in Swain, NC County is 98 versus 100 in the US. Some well-known companies that have their roots in Swain include Graham County Telephone Membership Corporation, Cherokee Indian Hospital and Bryson City Outdoors. In conclusion, Swain county offers its residents a unique lifestyle at an affordable cost.
Swain County has an unemployment rate of 4.9%. The US average is 6.0%.
Swain County has seen the job market decrease by -6.8% over the last year. Future job growth over the next ten years is predicted to be 35.7%, which is higher than the US average of 33.5%.
Tax Rates for Swain County
- The Sales Tax Rate for Swain County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Swain 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 Swain County
- The average income of a Swain County resident is $25,889 a year. The US average is $37,638 a year.
- The Median household income of a Swain County resident is $48,608 a year. The US average is $69,021 a year.