The town of Lake Waccamaw, North Carolina is a great place to live and work. The cost of living in this area is very affordable, with two bedroom rent costing an average of $880 per month. This is significantly lower than the national average of $1,430 for two bedroom rent. Grocery costs are also low here, with an index of 99 versus the national average of 100.
Lake Waccamaw offers plenty of activities and entertainment options for residents to enjoy. The area is home to a variety of local businesses such as McPherson’s BBQ & Grill, which serves up delicious Southern-style barbeque; Lake Waccamaw Grand Cinema 6, which offers a great selection of new releases; and Murrays Bait & Tackle, which provides quality bait and tackle for your fishing needs. These businesses provide jobs in the community and contribute to its vibrant economy.
Lake Waccamaw (zip 28450) has an unemployment rate of 6.1%. The US average is 6.0%.
Lake Waccamaw (zip 28450) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.
Tax Rates for Lake Waccamaw (zip 28450)
- The Sales Tax Rate for Lake Waccamaw (zip 28450) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lake Waccamaw (zip 28450) 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 Lake Waccamaw (zip 28450)
- The average income of a Lake Waccamaw (zip 28450) resident is $33,445 a year. The US average is $37,638 a year.
- The Median household income of a Lake Waccamaw (zip 28450) resident is $57,019 a year. The US average is $69,021 a year.