Small Town1,211 people

Cherry Branch, NC

Discover how far your salary goes in Cherry Branch. Compare taxes, rent, and living costs.

Cost Index
105
⚖️ Average
Population

1,211

State Tax

5.3%

1BR Rent

$1,131

/month

vs National

-19%

below avg

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Rent Prices in Cherry Branch

🏠

Studio

$905

/month

$10,860/year

Most Common
🛏️

1 Bedroom

$1,131

/month

$13,572/year

🏡

2 Bedroom

$1,527

/month

$18,324/year

🏘️

3 Bedroom

$1,979

/month

$23,748/year

Taxes in North Carolina

State Income Tax

North Carolina

5.3%

For a $100k salary, that's ~$5,250/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Cherry Branch, NC?

Cherry Branch has a cost of living index of 105, which is 5% above the national average. A 1-bedroom apartment costs around $1,131/month.

What is the state income tax in North Carolina?

North Carolina has a state income tax rate of approximately 5.3%. This is in addition to federal income tax.

How much is rent in Cherry Branch?

The median rent for a 1-bedroom apartment in Cherry Branch is $1,131/month. For a 2-bedroom, expect to pay around $1,527/month. This is 19% below the national average.

Is Cherry Branch a good place to live?

Cherry Branch is a small town with a population of 1,211. The cost of living is average, making it about average cost for the US.

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