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Economy in Northwest, North Carolina

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyNorthwest, NCUnited States
Unemployment Rate10.90%9.10%
Recent Job Growth-1.00%-0.12%
Future Job Growth27.10%31.25%
Sales Taxes6.75%6.80%
Income Taxes8.25%6.25%
Income per Cap.$18,080$27,067
Household Income$41,040$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K16.94%12.10%
Income between 15K and 25K11.48%10.18%
Income between 25K and 35K13.93%10.56%
Income between 35K and 50K19.40%14.98%
Income between 50K and 75K22.95%19.53%
Income between 75K and 100K10.11%12.52%
Income between 100K and 150K4.10%12.14%
Income between 150K and 250K0.82%3.91%
Income between 250K and 500K0.27%3.34%
Income greater than 500K0.00%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations8.95%13.81%
Professional and Related Occupations17.23%22.68%
Service11.19%14.51%
Sales and Office21.70%25.22%
Farming, Fishing, and Forestry0.67%0.68%
Construction, Extraction, and Maintenance14.99%9.37%
Production, Transportation, and Material Moving24.83%15.86%
Median Household Income

The unemployment rate in Northwest, NC, is 10.90%, with job growth of -1.00%. Future job growth over the next ten years is predicted to be 27.10%.

Northwest, NC Taxes

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

Northwest, NC Income and Salaries

The income per capita is $18,080, which includes all adults and children. The median household income is $41,040.


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