The town of Valdese, North Carolina (28690) is a great place to live. With a population of just over 4,000 people, it offers all the amenities of larger towns without being too big. The cost of living in this small town is extremely affordable with two bedroom rents averaging around $750 – much lower than the US average of $1,430. Grocery costs here are also significantly less expensive with an index rating of 95 versus 100 in the US.
Valdese has a variety of local businesses to shop at including Blue Ridge Printing & Graphics Inc., Foothills Fabrications & Welding LLC., G&D Trucking, and Pinnacle Event Productions. There are also several restaurants and cafes for dining such as Old Rock Cafe, Main Street Pizza Company, and Teresa's Mexican Restaurant. With its cost friendly environment and local businesses, Valdese is definitely worth considering for potential residents looking for an affordable place to call home.
Valdese (zip 28690) has an unemployment rate of 4.4%. The US average is 6.0%.
Valdese (zip 28690) has seen the job market decrease by -6.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Valdese (zip 28690)
- The Sales Tax Rate for Valdese (zip 28690) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Valdese (zip 28690) 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 Valdese (zip 28690)
- The average income of a Valdese (zip 28690) resident is $31,930 a year. The US average is $37,638 a year.
- The Median household income of a Valdese (zip 28690) resident is $60,079 a year. The US average is $69,021 a year.