2025 Compare Cities Economy:
Morganton, NC vs Richmond, VA

Change Cities
Highlights
- Household income in Richmond, is 27% more than it is in Morganton and is 26% below the National Average.
- Morganton unemployment rate is 4.4%.
- Richmond unemployment rate is 7.1%.
 Morganton, NCRichmond, VAUnited States
 Unemployment Rate  Unlock7.1%6.0%
 Recent Job Growth  Unlock1.8%1.6%
 Future Job Growth37.3%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock5.8%4.6%
 Income per Cap.$23,890  Unlock$37,638
 Household Income  Unlock$54,795$69,021
 Family Median Income$48,702  Unlock$85,028
 space
 Est. Households By Income
 Morganton, NCRichmond, VAUnited States
 Income Less Than 15K  Unlock14.1%9.4%
 Income between 15K and 20K6.1%  Unlock3.8%
 Income between 20K and 30K  Unlock9.1%8.1%
 Income between 30K and 40K11.9%  Unlock8.0%
 Income between 40K and 50K  Unlock8.6%7.6%
 Income between 50K and 60K8.4%  Unlock7.2%
 Income between 60K and 75K  Unlock9.3%9.6%
 Income between 75K and 100K8.3%  Unlock12.8%
 Income between 100K and 150K  Unlock11.7%16.3%
 Income between 150K and 200K2.8%  Unlock7.8%
 Income greater than 200K  Unlock7.5%9.5%
 space1
 Population By Occupation
 Morganton, NCRichmond, VAUnited States
 Management, business, finance11.2%  Unlock16.4%
 Engineering, computers, science  Unlock7.1%6.5%
 Community, social services1.6%  Unlock1.8%
 Legal  Unlock1.9%1.2%
 Education, library5.1%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock3.2%2.0%
 Healthcare practitioners and technology6.6%  Unlock6.2%
 Healthcare support  Unlock3.2%3.3%
 Firefighters, law enforcement3.0%  Unlock2.1%
 Food preparation, serving  Unlock6.9%5.4%
 Building maintenance4.8%  Unlock3.6%
 Personal care  Unlock3.1%2.6%
 Sales, office, administrative support12.1%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair8.4%  Unlock8.1%
 Production, transportation, material moving  Unlock10.2%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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Morganton

Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

   |    Reply

Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

   |    Reply

Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  More

   |    Reply

Start Your Review of Richmond


Premium Subscription
Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.


The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.