The Hickory MSA has been consistently ranked by Forbes Magazine as one of the lowest in the nation for Cost of Doing Business. Since 2006, the MSA has ranked no lower than 6th in the nation and is currently ranked #1 (2019).
According to the Sperling's BestPlaces, the Cost of Living Index for Catawba County is 89.1 compared to 100 in the US and 106.7 in Charlotte, NC.
Property tax rates in Catawba County range from combined rates (City and County) of $0.955 to $1.1625 per $100 valuation with no additional school or fire district taxes. The Hickory MSA also 15th out of 74 US cities for the lowest manufacturing tax burden.