Carteret County, NC Economy


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United States / North Carolina / / Carteret County / Cities / Zip Codes
Carteret County is located in North Carolina and is known for its picturesque beaches, wildlife preserves, and lagoons. It's a great place to live with plenty of activities to do throughout the year. The county has a strong business community with companies such as Carolina Coast Line Railway Company, First Citizens Bank & Trust Co., Crystal Coast Brewing Co., and Kinston Industrial Park. The cost of living in Carteret County is relatively low, with the average two-bedroom rent at $1,000 compared to the US average of $1,430. This may be due to the abundance of housing options in the area or because it's a more rural area when compared to other areas in North Carolina.

Carteret County has an unemployment rate of 4.0%. The US average is 6.0%.

Carteret County has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Carteret County
- The Sales Tax Rate for Carteret County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Carteret County 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 Carteret County
- The average income of a Carteret County resident is $27,975 a year. The US average is $28,555 a year.
- The Median household income of a Carteret County resident is $61,805 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCarteret, North CarolinaUnited States
  46
  -5.3%-6.2%
  32.7%33.5%
  6.8%6.2%
  5.3%4.6%
  $36,310$37,638
  $61,805$69,021
  $77,774$85,028
  Population by Occupation
  1.8%1.2%
  0.3%0.5%
  7.8%6.8%
  5.6%10.0%
  1.7%2.5%
  12.7%11.0%
  4.4%4.8%
  1.2%0.8%
  1.2%1.9%
  2.5%4.7%
  4.0%1.9%
  4.8%7.6%
  0.1%0.1%
  4.9%4.2%
  8.3%9.3%
  13.1%14.0%
  3.3%2.1%
  9.6%7.0%
  5.1%4.8%
  7.5%4.7%
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