Cordova, NC Economy


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Cordova, NC is a wonderful place to call home. The city offers residents affordable rental prices at just $720 for two bedroom apartments which is significantly less than the US average of $1,430. Furthermore, the cost of living in Cordova is low with the Grocery Cost Index being 93 versus 100 in the US. This makes it an ideal city for those looking to find value for their money.
The city of Cordova has a lot to offer its residents. There are plenty of local companies such as Fieldcrest Farms, Pinehurst Resort, and RBC Bank that can provide employment opportunities to those looking to stay in the area. Additionally, there are lots of fun attractions for locals including Midland Park and Pinehurst Country Club that can be enjoyed by friends and family alike.

Cordova has an unemployment rate of 6.7%. The US average is 6.0%.

Cordova has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Cordova
- The Sales Tax Rate for Cordova is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cordova 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 Cordova
- The average income of a Cordova resident is $18,234 a year. The US average is $28,555 a year.
- The Median household income of a Cordova resident is $45,305 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCordova, North CarolinaUnited States
  6.76
  -4.6%-6.2%
  22.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $19,293$37,638
  $45,305$69,021
Family Median Income 85028
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