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2024 Compare Cities Economy:
Morganton, NC vs Oak Ridge, TN

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Highlights
- Household income in Oak Ridge, is 40% more than it is in Morganton and is 14% below the National Average.
- Morganton unemployment rate is 4.4%.
- Oak Ridge unemployment rate is 4.4%.

Economy
 Morganton, NCOak Ridge, TNUnited States
 Unemployment Rate4.4%4.4%6.0%
 Recent Job Growth1.6%0.9%1.6%
 Future Job Growth37.3%36.4%33.5%
 Sales Taxes6.8%9.8%6.2%
 Income Taxes5.3%0.0%4.6%
 Income per Cap.$23,890$34,546$37,638
 Household Income$43,103$60,542$69,021
 Family Median Income$48,702$73,704$85,028
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 Est. Households By Income
 Morganton, NCOak Ridge, TNUnited States
 Income Less Than 15K13.8%10.6%9.4%
 Income between 15K and 20K6.1%3.0%3.8%
 Income between 20K and 30K15.4%7.3%8.1%
 Income between 30K and 40K11.9%10.1%8.0%
 Income between 40K and 50K12.1%9.9%7.6%
 Income between 50K and 60K8.4%8.4%7.2%
 Income between 60K and 75K7.4%12.1%9.6%
 Income between 75K and 100K8.3%10.1%12.8%
 Income between 100K and 150K10.2%13.6%16.3%
 Income between 150K and 200K2.8%8.0%7.8%
 Income greater than 200K3.6%6.9%9.5%
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 Population By Occupation
 Morganton, NCOak Ridge, TNUnited States
 Management, business, finance11.2%14.2%16.4%
 Engineering, computers, science3.2%13.5%6.5%
 Community, social services1.6%2.0%1.8%
 Legal0.4%0.6%1.2%
 Education, library5.1%4.8%6.2%
 Arts, design, media, sports, entertainment1.0%1.0%2.0%
 Healthcare practitioners and technology6.6%8.5%6.2%
 Healthcare support5.5%2.9%3.3%
 Firefighters, law enforcement3.0%1.7%2.1%
 Food preparation, serving11.1%5.0%5.4%
 Building maintenance4.8%3.8%3.6%
 Personal care1.7%1.2%2.6%
 Sales, office, administrative support12.1%18.6%20.9%
 Farming, fishing, forestry0.1%0.8%0.6%
 Construction, extraction, maintenance/repair8.4%7.6%8.1%
 Production, transportation, material moving24.0%13.9%13.1%

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Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

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Over 9 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

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Over 10 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

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Reviews for Oak Ridge    8 Reviews

Overall it's on the positive side. It's pretty boring but it can feel like a real home at times. It could stand to be a hair closer to Western Knoxville.. Melton lake  More

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Over 4 years ago

Oak Ridge is located in beautiful East TN, has excellent public schools, is very safe for families, and is only 15-30 min away from Knoxville.  More

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Marginal, at best. Lack of social and business skills to perform anything but menial tasks. No clue about customer service, business etiquette or basic business  More

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ZIPS IN MORGANTON, NORTH CAROLINA
28655
ZIPS IN OAK RIDGE, TENNESSEE
37830

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