The small town of Balsam Grove, NC (zip code 28708) is a great place to live and work. Rent for two bedroom homes are much lower than the national average at only $1,030, making living in this area affordable. Grocery costs are also below the US index at 98, meaning that residents can find good deals on food here.
The town boasts a range of nearby employers such as The Bank of Brevard, Avadim Health Inc and Main Street Market. There are also several small businesses such as Big Creek Crafts, Pigeon River Brewery and Balsam Mountain Inn. With so many options available to residents, there's sure to be something that fits everyone's needs.
Balsam Grove (zip 28708) has an unemployment rate of 4.0%. The US average is 6.0%.
Balsam Grove (zip 28708) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Balsam Grove (zip 28708)
- The Sales Tax Rate for Balsam Grove (zip 28708) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Balsam Grove (zip 28708) 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 Balsam Grove (zip 28708)
- The average income of a Balsam Grove (zip 28708) resident is $22,939 a year. The US average is $28,555 a year.
- The Median household income of a Balsam Grove (zip 28708) resident is $35,778 a year. The US average is $69,021 a year.