2025 Compare Cities Economy:
Silver Spring, MD vs Morganton, NC

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Highlights
- Household income in Morganton, is 53% less than it is in Silver Spring and is 60% below the National Average.
- Silver Spring unemployment rate is 5.7%.
- Morganton unemployment rate is 4.4%.
 Silver Spring, MDMorganton, NCUnited States
 Unemployment Rate  Unlock4.4%6.0%
 Recent Job Growth  Unlock1.6%1.6%
 Future Job Growth31.0%  Unlock33.5%
 Sales Taxes6.0%  Unlock6.2%
 Income Taxes  Unlock5.3%4.6%
 Income per Cap.$49,261  Unlock$37,638
 Household Income  Unlock$43,103$69,021
 Family Median Income$107,455  Unlock$85,028
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 Est. Households By Income
 Silver Spring, MDMorganton, NCUnited States
 Income Less Than 15K  Unlock13.8%9.4%
 Income between 15K and 20K2.1%  Unlock3.8%
 Income between 20K and 30K  Unlock15.4%8.1%
 Income between 30K and 40K7.0%  Unlock8.0%
 Income between 40K and 50K  Unlock12.1%7.6%
 Income between 50K and 60K6.1%  Unlock7.2%
 Income between 60K and 75K  Unlock7.4%9.6%
 Income between 75K and 100K12.1%  Unlock12.8%
 Income between 100K and 150K  Unlock10.2%16.3%
 Income between 150K and 200K11.5%  Unlock7.8%
 Income greater than 200K  Unlock3.6%9.5%
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 Population By Occupation
 Silver Spring, MDMorganton, NCUnited States
 Management, business, finance20.2%  Unlock16.4%
 Engineering, computers, science  Unlock3.2%6.5%
 Community, social services1.8%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library8.4%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.0%2.0%
 Healthcare practitioners and technology3.7%  Unlock6.2%
 Healthcare support  Unlock5.5%3.3%
 Firefighters, law enforcement1.0%  Unlock2.1%
 Food preparation, serving  Unlock11.1%5.4%
 Building maintenance3.9%  Unlock3.6%
 Personal care  Unlock1.7%2.6%
 Sales, office, administrative support13.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.1%0.6%
 Construction, extraction, maintenance/repair6.9%  Unlock8.1%
 Production, transportation, material moving  Unlock24.0%13.1%
Reviews for Silver Spring    18 Reviews

Growing up in Silver Spring, my family and I have been residents for the better part of 25 years. Although some of the development has been great (Discovery Channel, new  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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What a delightful school! The first time we drove up to the school, our first impression was of the charming shaded playground with wooden structures and surrounding  More

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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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