Nags Head, NC Economy


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Nags Head, NC is a great place to live and work. With easy access to the ocean and some of the best beaches in the world, it's no surprise that 2 bedroom rent averages $1,810 compared to the national average of $1,430. Groceries are also slightly more expensive with a grocery cost index of 102 versus 100 nationally. There is plenty of work to be had as well with popular companies such as Coca Cola-Bottling Company United, Outer Banks Hospitality Group and Opulence Home Care Services located in Nags Head. This makes it an ideal place for families and individuals alike to enjoy life while having access to all the amenities necessary for a comfortable lifestyle.

Nags Head has an unemployment rate of 7.5%. The US average is 6.0%.

Nags Head has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Nags Head
- The Sales Tax Rate for Nags Head is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Nags Head 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 Nags Head
- The average income of a Nags Head resident is $37,885 a year. The US average is $28,555 a year.
- The Median household income of a Nags Head resident is $74,256 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNags Head, North CarolinaUnited States
  7.56
  -8.5%-6.2%
  25.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $50,838$37,638
  $74,256$69,021
  $101,116$85,028
  Population by Occupation
  1.9%1.2%
  0.0%0.5%
  7.8%6.8%
  6.2%10.0%
  3.4%2.5%
  21.2%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  3.5%4.7%
  9.8%1.9%
  1.5%7.6%
  0.0%0.1%
  1.2%4.2%
  6.0%9.3%
  6.1%14.0%
  5.5%2.1%
  9.4%7.0%
  2.6%4.8%
  12.7%4.7%
Reviews for Nags Head
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Over 9 years ago

what is the cost to living at the  More

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Over 15 years ago

In your facts about Avon, NC you have it's location being in Hyde County. In reality, Avon, NC is in Dare County. Carolyn Honeycutt Avon, NC  More

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