Statesville, NC Economy


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Statesville, NC is a small city located in North Carolina. It has many local businesses including Harbinger Sign Company, USA Wallpaper & Blinds, and Statesville Family Dentistry. The rent for a two-bedroom apartment in Statesville is much more affordable than the national average of $1,430. On average, it costs $930 to rent a two-bedroom apartment in Statesville. Additionally, groceries are less expensive in Statesville than they are on average around the country - the Grocery Cost Index in Statesville is 95 compared to 100 nationally. This means that people living in Statesville can benefit from lower prices on everyday items such as food.

Statesville has an unemployment rate of 6.3%. The US average is 6.0%.

Statesville has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Statesville
- The Sales Tax Rate for Statesville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Statesville 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 Statesville
- The average income of a Statesville resident is $20,883 a year. The US average is $28,555 a year.
- The Median household income of a Statesville resident is $43,497 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStatesville, North CarolinaUnited States
  6.36
  -5.6%-6.2%
  42.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $26,988$37,638
  $43,497$69,021
  $59,560$85,028
  Population by Occupation
  0.3%1.2%
  0.3%0.5%
  5.5%6.8%
  21.4%10.0%
  1.9%2.5%
  13.2%11.0%
  5.6%4.8%
  1.0%0.8%
  1.5%1.9%
  2.5%4.7%
  1.0%1.9%
  3.2%7.6%
  0.0%0.1%
  5.2%4.2%
  7.4%9.3%
  12.9%14.0%
  1.0%2.1%
  8.8%7.0%
  4.8%4.8%
  2.6%4.7%
Reviews for Statesville
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It feels like I stepped into a time portal and went back fifty years ago to the past. People are very racist here from the police to the bank tellers and real estate  More

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Over 3 years ago

Pre pandemic: 2/5 Everything is affordable but there’s a lot of dead shopping centers. Lots of trashy or broken areas. Absolutely nothing to do on Friday and Saturday  More

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Over 10 years ago

The cost of living is very affordable. There are not many places that one can live on the lake in an incredible home for a decent  More

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