28742 Horse Shoe, NC is a great area to live with a low cost of living. 2 bedroom rent in the Horse Shoe area is $1,250, which is almost $200 less than the US average 2 bedroom rent of $1,430. Grocery Cost Index in Horse Shoe is 103 versus 100 in the US. Along with its low cost of living, 28742 Horse Shoe also offers plenty of local businesses such as Grandfather Mountain Highland Games, The General Store at Sugar Hill and The Orchard at Altapass. There are also several restaurants such as Mayberry's Restaurant & Diner and Trailhead Restaurant & Bar serving delicious meals for locals that live in the area.
Horse Shoe (zip 28742) has an unemployment rate of 4.0%. The US average is 6.0%.
Horse Shoe (zip 28742) 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 Horse Shoe (zip 28742)
- The Sales Tax Rate for Horse Shoe (zip 28742) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Horse Shoe (zip 28742) 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 Horse Shoe (zip 28742)
- The average income of a Horse Shoe (zip 28742) resident is $25,629 a year. The US average is $28,555 a year.
- The Median household income of a Horse Shoe (zip 28742) resident is $56,563 a year. The US average is $69,021 a year.