Saratoga, NC is a small town in North Carolina with a population of 2,787. It’s known for its peaceful atmosphere and beautiful scenery, making it a great place to live. The cost of living is also very affordable, as the 2-bedroom rent in Saratoga is only $810 – significantly lower than the US average of $1,430. Additionally, grocery costs are even lower in Saratoga with an index score of 94 compared to the US average of 100.
The local economy revolves around small businesses such as First Bank and Biscuitville restaurant located on Main Street. There are also several other eateries throughout town that serve up delicious Southern cuisine such as The Old Store Grill and Seven Lakes Cafe. For shopping needs, locals can check out the Dollar General or Food Lion stores nearby for a variety of items. Saratoga residents also have access to numerous healthcare centers and medical offices including Palmetto Health Care and Duke Primary Care Clinic.
Saratoga (zip 27873) has an unemployment rate of 6.2%. The US average is 6.0%.
Saratoga (zip 27873) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.
Tax Rates for Saratoga (zip 27873)
- The Sales Tax Rate for Saratoga (zip 27873) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Saratoga (zip 27873) 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 Saratoga (zip 27873)
- The average income of a Saratoga (zip 27873) resident is $21,738 a year. The US average is $37,638 a year.
- The Median household income of a Saratoga (zip 27873) resident is $27,829 a year. The US average is $69,021 a year.