Tobaccoville is a small unincorporated community located in Forsyth County, North Carolina. It has a population of around 2,705 people and is known for its affordability with a two bedroom rent of just $890 compared to the US average of $1,430. Grocery cost index in Tobaccoville is very affordable at 95 compared to the US benchmark of 100. Local companies include RJR Tobacco Corporation, Salem Creek Ventures LLC, Foothills Produce Co and Correll Manufacturing. RJR Tobacco Corporation is one of the largest tobacco companies in the world and their headquarters are located in Tobaccoville. Salem Creek Ventures LLC is a local venture capitalist firm that invests and helps startup businesses grow in the area. Foothills Produce Co grows and sells fresh produce from the region and Correll Manufacturing specializes in producing high-quality metal furniture for homes and businesses across North Carolina.
Tobaccoville (zip 27050) has an unemployment rate of 4.6%. The US average is 6.0%.
Tobaccoville (zip 27050) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 35.0%, which is higher than the US average of 33.5%.
Tax Rates for Tobaccoville (zip 27050)
- The Sales Tax Rate for Tobaccoville (zip 27050) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Tobaccoville (zip 27050) 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 Tobaccoville (zip 27050)
- The average income of a Tobaccoville (zip 27050) resident is $24,629 a year. The US average is $28,555 a year.
- The Median household income of a Tobaccoville (zip 27050) resident is $68,412 a year. The US average is $69,021 a year.