Caroline, VA County is an attractive place to live, with a lower cost of living compared to the US average. The average rent for a two bedroom apartment in Caroline is $1,060, whereas the national average is $1,430. Additionally, grocery costs in Caroline are 97 compared to 100 in the US. There are many local businesses in Caroline such as Mary's Country Store, Mayberry General Store and Smith's Bakery that offer residents high quality goods at affordable prices. All these factors make it an ideal place to live and work for those who want to avoid higher living expenses.
Caroline County has an unemployment rate of 5.9%. The US average is 6.0%.
Caroline County has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Caroline County
- The Sales Tax Rate for Caroline County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Caroline County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Caroline County
- The average income of a Caroline County resident is $36,953 a year. The US average is $37,638 a year.
- The Median household income of a Caroline County resident is $76,528 a year. The US average is $69,021 a year.