Asheville, NC Metro Area is a great place to live for those looking for a balance of affordability and convenience. The area has an average two-bedroom rental cost of $1,410, which is slightly lower than the US average of $1,430. Additionally, it offers residents a good value when it comes to groceries as Asheville's Grocery Cost Index is 101 compared to 100 in the US. There are plenty of local businesses throughout the metro area such as Ingles Markets, Blue Ridge Food Ventures and Local Provisions which offer shoppers excellent value for their food budgets. All in all, Asheville is an area filled with affordable opportunities that residents can take advantage of while enjoying the beautiful scenery that Western North Carolina has to offer.
Asheville Metro Area has an unemployment rate of 4.2%. The US average is 6.0%.
Asheville Metro Area has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.
Tax Rates for Asheville Metro Area
- The Sales Tax Rate for Asheville Metro Area is 6.9%. The US average is 7.3%.
- The Income Tax Rate for Asheville Metro Area 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 Asheville Metro Area
- The average income of a Asheville Metro Area resident is $26,023 a year. The US average is $28,555 a year.
- The Median household income of a Asheville Metro Area resident is $58,039 a year. The US average is $69,021 a year.