Union County in North Carolina is an attractive area for many people looking to settle down. The county provides many opportunities for businesses and professionals who are looking to thrive in a vibrant atmosphere. It is also an affordable place to live with a two bedroom rent averaging $1,330 per month which is significantly lower than the US average of $1,430. Additionally, its grocery cost index is only 98 compared to the national index of 100 making it a great option for those on a budget. Union County has plenty to offer in terms of local companies as well. Some of these include Hickory Nut Gap Farm, HomeTrust Bank, and UNIFI Manufacturing Incorporated. These local companies provide jobs and economic stability that benefits everyone living in the county. With all these factors considered, Union County is a great place to call home with its reasonable cost of living and abundance of resources.
Union County has an unemployment rate of 3.7%. The US average is 6.0%.
Union County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.
Tax Rates for Union County
- The Sales Tax Rate for Union County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union County
- The average income of a Union County resident is $40,270 a year. The US average is $37,638 a year.
- The Median household income of a Union County resident is $88,465 a year. The US average is $69,021 a year.