Laurinburg, NC Metro Area is a great place to live for those looking for an affordable home and cost of living. The average two bedroom rent in the metro area is $770 compared to the national average of $1,430. Additionally, the grocery cost index in the area is 93 versus 100 in the US. This makes Laurinburg a desirable location to live and work. The town has plenty of employment opportunities as it is home to many local companies such as Scotland Memorial Hospital, St. Andrews University, Smithfield Foods, and First South Bank. With its low-cost living and plentiful job market, Laurinburg is an attractive choice for those seeking a new lifestyle.
Laurinburg Metro Area has an unemployment rate of 8.9%. The US average is 6.0%.
Laurinburg Metro Area has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.
Tax Rates for Laurinburg Metro Area
- The Sales Tax Rate for Laurinburg Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Laurinburg 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 Laurinburg Metro Area
- The average income of a Laurinburg Metro Area resident is $15,787 a year. The US average is $28,555 a year.
- The Median household income of a Laurinburg Metro Area resident is $39,866 a year. The US average is $69,021 a year.