2025 Compare Cities Economy:
Hot Springs, NC vs Murphy, NC

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Highlights
- Household income in Murphy, is 25% less than it is in Hot Springs and is 112% below the National Average.
- Hot Springs unemployment rate is 4.1%.
- Murphy unemployment rate is 4.8%.
 Hot Springs, NCMurphy, NCUnited States
 Unemployment Rate  Unlock4.8%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth39.2%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$26,109  Unlock$37,638
 Household Income  Unlock$32,486$69,021
 Family Median Income$52,857  Unlock$85,028
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 Est. Households By Income
 Hot Springs, NCMurphy, NCUnited States
 Income Less Than 15K  Unlock22.4%9.4%
 Income between 15K and 20K5.6%  Unlock3.8%
 Income between 20K and 30K  Unlock5.7%8.1%
 Income between 30K and 40K3.7%  Unlock8.0%
 Income between 40K and 50K  Unlock7.2%7.6%
 Income between 50K and 60K14.4%  Unlock7.2%
 Income between 60K and 75K  Unlock18.0%9.6%
 Income between 75K and 100K15.7%  Unlock12.8%
 Income between 100K and 150K  Unlock3.2%16.3%
 Income between 150K and 200K1.4%  Unlock7.8%
 Income greater than 200K  Unlock1.9%9.5%
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 Population By Occupation
 Hot Springs, NCMurphy, NCUnited States
 Management, business, finance37.3%  Unlock16.4%
 Engineering, computers, science  Unlock2.2%6.5%
 Community, social services0.0%  Unlock1.8%
 Legal  Unlock2.7%1.2%
 Education, library0.0%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock2.4%2.0%
 Healthcare practitioners and technology7.2%  Unlock6.2%
 Healthcare support  Unlock4.9%3.3%
 Firefighters, law enforcement0.0%  Unlock2.1%
 Food preparation, serving  Unlock14.2%5.4%
 Building maintenance3.8%  Unlock3.6%
 Personal care  Unlock7.9%2.6%
 Sales, office, administrative support14.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair2.5%  Unlock8.1%
 Production, transportation, material moving  Unlock1.9%13.1%
Reviews for Hot Springs    2 Reviews

Over 11 years ago

Been living here in Hot Springs area of NC for the past 15 years.Retired and nice being less than an hour to Asheville without having to put up with the high cost of the  More

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Over 18 years ago

Hot Springs is a small mountain town located on the French Broad River. Living here provides a very calm and peaceful life.We enjoy the warm mineral baths which are  More

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Reviews for Murphy    3 Reviews

Over 11 years ago

Any & all information on living in your area will be very much appreciated. Middle schools, community collage, shopping, transportation, housing & community  More

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Over 16 years ago

I moved to Murphy to get away from the hustle in Florida. I found the mountains so beautiful. But there is no work there. It's basically a place for retire's. The people  More

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Over 17 years ago

I moved here over 12 yrs ago and have loved being here ever since.Two children to raise as a single mom and found it less exspensive then our previous home in Florida,  More

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