Yancey, NC County is a great place to live for anyone looking for an affordable place to call home. With 2 bedroom rent at only $770, it is significantly lower than the US average of $1,430. The cost of living in Yancey, NC County is also much lower than the US average, with a grocery cost index of 97 versus 100. There are plenty of businesses to choose from in the area as well. Popular businesses include Ingles Markets, which offers fresh produce and groceries, Blue Ridge Savings Bank for local banking services, and Mayland Rental Center for all your rental equipment needs. With such low costs of living and diverse shopping options, Yancey County is ideal for anyone looking for an affordable place to call home.
Yancey County has an unemployment rate of 4.2%. The US average is 6.0%.
Yancey County has seen the job market increase by 4.8% over the last year. Future job growth over the next ten years is predicted to be 37.7%, which is higher than the US average of 33.5%.
Tax Rates for Yancey County
- The Sales Tax Rate for Yancey County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Yancey 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 Yancey County
- The average income of a Yancey County resident is $21,330 a year. The US average is $28,555 a year.
- The Median household income of a Yancey County resident is $45,324 a year. The US average is $69,021 a year.