Financial Profile: North Carolina
Financial landscape, tax rates, cost of living, and median income scoring for North Carolina residents.
North Carolina at a Glance
Avg Salary
$56,000
Cost of Living
95
Top Tax Rate
4.5%
Adjusted Income
$58,947
Monthly Take-Home
$3,705
Max Rent (30%)
$1,400
Financial Genome at Median Income
Scores calculated for someone earning $56,000/yr in North Carolina with typical expenses.
PPI
40
C
FPI
25
F
LRS
56
C+
REW
30
D
Living in North Carolina: Financial Overview
North Carolina has a flat 4.5% income tax rate, with planned reductions.
- Flat tax rate decreasing
- Growing tech hub (RTP)
- Moderate cost of living
Major Cities
Charlotte, Raleigh, Greensboro, Durham
With a cost of living index of 95 (below the national average of 100), your dollar goes further in North Carolina. A $60,000 salary here has the purchasing power equivalent of $63,157 in an average-cost area.
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See your personalized Financial Genome scores based on your actual income and expenses in North Carolina.
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