Bolivia, NC Economy


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Bolivia, NC is a small town located in Brunswick County with an estimated population of around 500. Located near the coast, the town is a popular tourist spot for visitors looking to explore nature and relax. There are also many local businesses that offer affordable services and goods ranging from restaurants to groceries. Some of the well-known businesses in Bolivia include Beachside Grocery, The Oleander Inn, Barley's Tap Room & Pizzeria, and Blueberry Farms Market. 2 Bedroom Rent in Bolivia is $840 compared to the US average of $1,430 which shows how affordable living in this area can be. Additionally, the Grocery Cost Index in Bolivia stands at 102 compared to 100 nationally making it just slightly more expensive than the US average.

Bolivia has an unemployment rate of 5.8%. The US average is 6.0%.

Bolivia has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.

Tax Rates for Bolivia
- The Sales Tax Rate for Bolivia is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bolivia is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bolivia
- The average income of a Bolivia resident is $12,600 a year. The US average is $28,555 a year.
- The Median household income of a Bolivia resident is $33,056 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBolivia, North CarolinaUnited States
  5.86
  -8.7%-6.2%
  42.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $18,209$37,638
  $33,056$69,021
  $34,861$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.6%6.8%
  13.1%10.0%
  0.0%2.5%
  19.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  3.3%7.6%
  0.0%0.1%
  3.3%4.2%
  16.4%9.3%
  11.5%14.0%
  0.0%2.1%
  11.5%7.0%
  8.2%4.8%
  11.5%4.7%
Reviews for Bolivia
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Over 8 years ago

Awesome area. Besides the run down trailers, and homes, many not even being lived in, we tried to find find negative issues, and they just don't exist. It will take  More

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Why does it cost over 5% more to live in Brunswick County, NC then the US as a whole? James  More

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