New Bern, NC Metro Area is a great place to live with its affordable housing and low cost of living. The average 2 Bedroom rent in the area is $1,060 compared to the US average of $1,430. The Grocery Cost Index in the area is 96 compared to 100 in the US. This makes New Bern a very attractive place to live for budget conscious families. There are many local companies and organizations that help make New Bern an attractive destination including CarolinaEast Health System, Tryon Palace Historic Sites & Gardens, and Craven Community College. Each of these businesses and institutions contribute to New Bern's overall appeal as a vibrant city with plenty of amenities.
New Bern Metro Area has an unemployment rate of 4.4%. The US average is 6.0%.
New Bern Metro Area has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for New Bern Metro Area
- The Sales Tax Rate for New Bern Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New Bern 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 New Bern Metro Area
- The average income of a New Bern Metro Area resident is $24,296 a year. The US average is $28,555 a year.
- The Median household income of a New Bern Metro Area resident is $54,743 a year. The US average is $69,021 a year.