Cape Carteret is a small town located in North Carolina. It is known for its beautiful views and quiet atmosphere. The cost of living in Cape Carteret is relatively low compared to the national average. The two bedroom rent rate for Cape Carteret is around $1,050 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Cape Carteret is 101 versus 100 in the US. This makes it an attractive option for those looking for a more affordable place to live.
The town of Cape Carteret also has several local businesses that contribute to the community. Some of these businesses include White Oak River Bait & Tackle, Coastline RV Park & Marina, Firefly Farm Nursery & Garden Center and From the Grind Up Coffee Co. Each of these companies provide different services to locals and tourists alike and support the economy of this small town.
Cape Carteret has an unemployment rate of 4.0%. The US average is 6.0%.
Cape Carteret has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Cape Carteret
- The Sales Tax Rate for Cape Carteret is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cape Carteret 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 Cape Carteret
- The average income of a Cape Carteret resident is $35,138 a year. The US average is $37,638 a year.
- The Median household income of a Cape Carteret resident is $73,654 a year. The US average is $69,021 a year.