Washington, NC Metro Area is a popular and affordable place to live, offering 2 bedroom rent for $780 compared to the national average of $1,430. Residents also enjoy a lower cost of groceries with an index of 95 compared to 100 in the US. Additionally, Washington hosts many local businesses that provide services within the community such as: Carolina Health Care Systems, Vidant Medical Center, and Bell & Bell Insurance Agency. These companies are committed to improving the quality of life for all citizens living within this metro area.
Washington Metro Area has an unemployment rate of 4.5%. The US average is 6.0%.
Washington Metro Area has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.
Tax Rates for Washington Metro Area
- The Sales Tax Rate for Washington Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Washington 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 Washington Metro Area
- The average income of a Washington Metro Area resident is $29,322 a year. The US average is $37,638 a year.
- The Median household income of a Washington Metro Area resident is $51,894 a year. The US average is $69,021 a year.