Shelby, NC Metro Area is a great place to live. With an average two bedroom apartment rent of $770, it’s much cheaper than the US average of $1,430. Similarly, the Grocery Cost Index in Shelby is 94 versus 100 in the US. This makes living in Shelby more affordable for families and individuals. There are several local companies that call Shelby home, including Gardner-Webb University, Cleveland County Schools, Walmart Distribution Center and Textile Technology Center. These companies provide jobs and resources to make Shelby a great community to live in.
Shelby Metro Area has an unemployment rate of 5.1%. The US average is 6.0%.
Shelby Metro Area has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Shelby Metro Area
- The Sales Tax Rate for Shelby Metro Area is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Shelby 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 Shelby Metro Area
- The average income of a Shelby Metro Area resident is $24,505 a year. The US average is $37,638 a year.
- The Median household income of a Shelby Metro Area resident is $45,646 a year. The US average is $69,021 a year.