Transylvania County, NC Economy


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United States / North Carolina / / Transylvania County / Cities / Zip Codes
Transylvania, NC County is a great place to live. It has a lower cost of living than the US average, with two-bedroom rent at $1,000 and a grocery cost index of 100. The county is home to many local businesses such as Transylvania Hardware Store, Transylvania Auto Repair Center, and Transylvania Convenience Store Chain. In addition to its low cost of living, the county offers excellent education opportunities with three public elementary schools, one middle school, and one high school in the district. Residents also enjoy access to recreational facilities including several parks with playgrounds, picnic areas, trails for walking and biking. With lower costs of living and plenty of recreational activities available to residents, Transylvania County is an ideal place for anyone looking for a relaxed lifestyle.

Transylvania County has an unemployment rate of 4.0%. The US average is 6.0%.

Transylvania County has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Transylvania County
- The Sales Tax Rate for Transylvania County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Transylvania 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 Transylvania County
- The average income of a Transylvania County resident is $32,718 a year. The US average is $37,638 a year.
- The Median household income of a Transylvania County resident is $57,830 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTransylvania, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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