Flat Rock, NC (28731) is a small town located in the Blue Ridge Mountains of Western North Carolina. The population of Flat Rock is approximately 3,500 people. The average 2 bedroom rent for this area is $1,480 which is slightly higher than the US average of $1,430. The grocery cost index for Flat Rock is 104 versus 100 in the US.
Businesses in Flat Rock include restaurants, retail stores, service providers and outdoor recreation facilities. There are several local companies that contribute to the economy including Mountain Source Natural Foods Grocery Store and Mother's Garden Restaurant & Bakery. Other economic activities in Flat Rock include professional services such as marketing firms and accountants as well as real estate agents who specialize in luxury mountain homes and vacation properties. Additionally, there are several outdoor recreation activities popular in the area such as hiking, camping, fishing and other water sports on nearby Lake Lure.
Flat Rock (zip 28731) has an unemployment rate of 4.0%. The US average is 6.0%.
Flat Rock (zip 28731) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 40.6%, which is higher than the US average of 33.5%.
Tax Rates for Flat Rock (zip 28731)
- The Sales Tax Rate for Flat Rock (zip 28731) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Flat Rock (zip 28731) 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 Flat Rock (zip 28731)
- The average income of a Flat Rock (zip 28731) resident is $25,693 a year. The US average is $28,555 a year.
- The Median household income of a Flat Rock (zip 28731) resident is $66,099 a year. The US average is $69,021 a year.