Hot Springs, NC 28743 is a small town located in Western North Carolina with a population of only approximately 300 people. Despite its size, Hot Springs offers many opportunities to visitors and residents alike. For those looking for an affordable place to live, 2 Bedroom Rent in Hot Springs is much more affordable than the national average at only $1,260 compared to $1,430 in the US. Grocery Cost Index in Hot Springs is also competitive at 99 versus 100 in the US.
The town of Hot Springs provides employment opportunities across different industries such as tourism and hospitality. The local tourism industry includes popular attractions such as Copperhead Trail Zipline Adventures and Wolf Mountain Ropes Course & Zip Line Park. Other popular businesses include Appalachian Outdoor Adventures and Altapass Orchard which both specialize in outdoor recreation and entertainment. Additionally, there are many different restaurants that locals can enjoy including Yellow House BBQ & Grill and Twisted Onion Cafe & Bakery.
Hot Springs (zip 28743) has an unemployment rate of 4.1%. The US average is 6.0%.
Hot Springs (zip 28743) has seen the job market decrease by -9.1% over the last year. Future job growth over the next ten years is predicted to be 39.2%, which is higher than the US average of 33.5%.
Tax Rates for Hot Springs (zip 28743)
- The Sales Tax Rate for Hot Springs (zip 28743) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hot Springs (zip 28743) 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 Hot Springs (zip 28743)
- The average income of a Hot Springs (zip 28743) resident is $27,384 a year. The US average is $37,638 a year.
- The Median household income of a Hot Springs (zip 28743) resident is $52,045 a year. The US average is $69,021 a year.