2025 Compare Cities Economy:
Oak Island, NC vs Severance, CO

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Highlights
- Household income in Severance, is 29% more than it is in Oak Island and is 38% above the National Average.
- Oak Island unemployment rate is 5.8%.
- Severance unemployment rate is 6.9%.
 Oak Island, NCSeverance, COUnited States
 Unemployment Rate  Unlock6.9%6.0%
 Recent Job Growth  Unlock4.1%1.6%
 Future Job Growth42.8%  Unlock33.5%
 Sales Taxes6.8%  Unlock6.2%
 Income Taxes  Unlock4.6%4.6%
 Income per Cap.$49,129  Unlock$37,638
 Household Income  Unlock$111,055$69,021
 Family Median Income$90,513  Unlock$85,028
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 Est. Households By Income
 Oak Island, NCSeverance, COUnited States
 Income Less Than 15K  Unlock6.4%9.4%
 Income between 15K and 20K3.0%  Unlock3.8%
 Income between 20K and 30K  Unlock1.0%8.1%
 Income between 30K and 40K5.2%  Unlock8.0%
 Income between 40K and 50K  Unlock6.6%7.6%
 Income between 50K and 60K7.6%  Unlock7.2%
 Income between 60K and 75K  Unlock5.8%9.6%
 Income between 75K and 100K15.6%  Unlock12.8%
 Income between 100K and 150K  Unlock33.0%16.3%
 Income between 150K and 200K6.9%  Unlock7.8%
 Income greater than 200K  Unlock9.5%9.5%
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 Population By Occupation
 Oak Island, NCSeverance, COUnited States
 Management, business, finance21.4%  Unlock16.4%
 Engineering, computers, science  Unlock4.8%6.5%
 Community, social services1.5%  Unlock1.8%
 Legal  Unlock0.3%1.2%
 Education, library4.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.2%2.0%
 Healthcare practitioners and technology5.7%  Unlock6.2%
 Healthcare support  Unlock1.1%3.3%
 Firefighters, law enforcement4.5%  Unlock2.1%
 Food preparation, serving  Unlock4.0%5.4%
 Building maintenance6.9%  Unlock3.6%
 Personal care  Unlock1.6%2.6%
 Sales, office, administrative support24.8%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.0%0.6%
 Construction, extraction, maintenance/repair7.5%  Unlock8.1%
 Production, transportation, material moving  Unlock9.7%13.1%
Reviews for Oak Island    0 Reviews

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Reviews for Severance    1 Reviews

We moved here two years ago from Southern California and really love it. Although Severance is really small compared to where we were before, the neighbors are friendly  More

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