Centerville, NC Economy


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Centerville, NC is a small town located in the suburbs of North Carolina with a population of around 5,000 people. The 2 bedroom rent in Centerville is slightly lower than the US average at $1,130 versus $1,430 respectively. Additionally, the grocery cost index in Centerville is 96 compared to 100 nationally. Centerville offers residents access to quality education and businesses such as J&J Barbecue Restaurant and Centerville Auto Repair that offer services to local families. There is a strong sense of community among residents and visitors alike that makes this quaint town special. Although the cost of living may be slightly higher here than other areas in the US due to its location near larger cities such as Charlotte and Raleigh, it still remains more affordable than many other places across the country.

Centerville has an unemployment rate of 4.5%. The US average is 6.0%.

Centerville has seen the job market increase by 2.9% 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 Centerville
- The Sales Tax Rate for Centerville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Centerville 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 Centerville
- The average income of a Centerville resident is $24,194 a year. The US average is $28,555 a year.
- The Median household income of a Centerville resident is $92,458 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCenterville, North CarolinaUnited States
  4.56
  -5.2%-6.2%
  42.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $33,531$37,638
  $92,458$69,021
  $98,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.9%6.8%
  2.5%10.0%
  0.0%2.5%
  1.2%11.0%
  0.0%4.8%
  1.2%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  9.9%9.3%
  3.7%14.0%
  0.0%2.1%
  33.3%7.0%
  28.4%4.8%
  9.9%4.7%
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