Forest City, NC Metro Area is a great place to live. It offers plenty of opportunities for work, recreation and entertainment. The area features many well-established local companies such as Duke Energy, Blue Ridge Paper Products and Continental Tire. In addition to the employment opportunities provided by these businesses, Forest City also boasts an attractive cost of living with 2 bedroom rent at $770 compared to the US average of $1,430 and a Grocery Cost Index of 96 versus 100 in the US.
Forest City Metro Area has an unemployment rate of 6.1%. The US average is 6.0%.
Forest City Metro Area has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.
Tax Rates for Forest City Metro Area
- The Sales Tax Rate for Forest City Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Forest City 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 Forest City Metro Area
- The average income of a Forest City Metro Area resident is $19,686 a year. The US average is $28,555 a year.
- The Median household income of a Forest City Metro Area resident is $45,500 a year. The US average is $69,021 a year.