28777 Spruce Pine, NC is a small town located in Mitchell County with a population of 2,063 people. It is known for its beautiful mountain scenery and friendly locals. The average two bedroom rent in Spruce Pine is $1,390 which is slightly less than the US average of $1,430. The grocery cost index in this area is 98 versus 100 in the US. There are several local businesses that make up the economy here including Mountain View Medical Group, Southwestern Community College, Lowes Foods Spruce Pine Store, and Appalachian Regional Healthcare System. Those who live here can enjoy a laid back lifestyle with plenty of outdoor activities while maintaining a low cost of living.
Spruce Pine (zip 28777) has an unemployment rate of 5.3%. The US average is 6.0%.
Spruce Pine (zip 28777) has seen the job market decrease by -7.0% over the last year. Future job growth over the next ten years is predicted to be 18.8%, which is lower than the US average of 33.5%.
Tax Rates for Spruce Pine (zip 28777)
- The Sales Tax Rate for Spruce Pine (zip 28777) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Spruce Pine (zip 28777) 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 Spruce Pine (zip 28777)
- The average income of a Spruce Pine (zip 28777) resident is $22,553 a year. The US average is $37,638 a year.
- The Median household income of a Spruce Pine (zip 28777) resident is $50,680 a year. The US average is $69,021 a year.