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

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Highlights
- Household income in Hot Springs, is 1% more than it is in Morganton and is 59% below the National Average.
- Morganton unemployment rate is 4.4%.
- Hot Springs unemployment rate is 4.1%.
 Morganton, NCHot Springs, NCUnited States
 Unemployment Rate  Unlock4.1%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth37.3%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$23,890  Unlock$37,638
 Household Income  Unlock$43,382$69,021
 Family Median Income$48,702  Unlock$85,028
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 Est. Households By Income
 Morganton, NCHot Springs, NCUnited States
 Income Less Than 15K  Unlock21.8%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock16.2%8.1%
 Income between 30K and 40K11.9%  Unlock8.0%
 Income between 40K and 50K  Unlock12.5%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock4.6%9.6%
 Income between 75K and 100K8.3%  Unlock12.8%
 Income between 100K and 150K  Unlock2.3%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock1.9%9.5%
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 Population By Occupation
 Morganton, NCHot Springs, NCUnited States
 Management, business, finance11.2%  Unlock16.4%
 Engineering, computers, science  Unlock0.4%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock0.0%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock0.0%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock13.6%3.3%
 Firefighters, law enforcement3.0%  Unlock2.1%
 Food preparation, serving  Unlock8.5%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock0.0%2.6%
 Sales, office, administrative support12.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock3.4%0.6%
 Construction, extraction, maintenance/repair8.4%  Unlock8.1%
 Production, transportation, material moving  Unlock8.9%13.1%
Reviews for Morganton    4 Reviews

We moved to Morganton in 2014 and love this town/area. The natural beauty in the Catawba Valley is astounding. Mountains, rivers, and beautiful trees are everywhere. The  More

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Over 10 years ago

Will be transplanting from the suburbs of Philadelphia and have visited Morganton on our way to Asheville/Hendersonville. It is close to take in what Asheville has to  More

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Over 11 years ago

It is the best place for schools. cost of living is great. Homes are cheap and affordable. Crime is very low. Recommend moving to Morganton NC  More

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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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