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Economy in Morganton, North Carolina

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyMorganton, NCUnited States
Unemployment Rate12.00%9.10%
Recent Job Growth-4.19%-0.12%
Future Job Growth19.62%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income per Cap.$20,227$27,067
Household Income$35,606$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K20.39%12.10%
Income between 15K and 25K13.52%10.18%
Income between 25K and 35K15.54%10.56%
Income between 35K and 50K17.74%14.98%
Income between 50K and 75K16.59%19.53%
Income between 75K and 100K7.57%12.52%
Income between 100K and 150K4.48%12.14%
Income between 150K and 250K1.81%3.91%
Income between 250K and 500K1.90%3.34%
Income greater than 500K0.45%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.21%13.81%
Professional and Related Occupations30.87%22.68%
Service16.28%14.51%
Sales and Office24.66%25.22%
Farming, Fishing, and Forestry1.72%0.68%
Construction, Extraction, and Maintenance7.91%9.37%
Production, Transportation, and Material Moving22.25%15.86%
Median Household Income

The unemployment rate in Morganton, NC, is 12.00%, with job growth of -4.19%. Future job growth over the next ten years is predicted to be 19.62%.

Morganton, NC Taxes

Morganton, NC,sales tax rate is 6.75%. Income tax is 8.25%.

Morganton, NC Income and Salaries

The income per capita is $20,227, which includes all adults and children. The median household income is $35,606.


Morganton Economy SperlingViews

Morganton is small, safe yet close enough to large: Actually grew up in Morganton, NC and it is a small town in the foothills of western NC. Outdoor possibilities are quite endless with Lake James, Mtns, State Parks etc.... (read more)Have an opinion about Morganton? Leave a commentTo See All SperlingViews for Morganton Click Here