Ocean Isle Beach, NC Economy


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Ocean Isle Beach, NC is known for its natural beauty and welcoming atmosphere. Located along the North Carolina coast, it has long been a popular destination for vacationers looking to take in the stunning views of the beach and nearby waterways. With great shopping, dining and entertainment options available, it's easy to see why Ocean Isle Beach is such a popular spot for visitors. In addition to its attractions, it also offers an affordable cost of living with a 2 bedroom rental averaging around $870 per month while the national average is $1,430 per month. The Grocery Cost Index in Ocean Isles Beach is also considerably higher than the US average at 105 versus 100. Local businesses in Ocean Isle Beach include Surfside Supply Company which provides beach rentals and apparel; The Galley Seafood Restaurant which serves up delicious seafood dishes; Sandbar Water Sports which offers kayak tours; and Royal Flush Charters which provides boat tours. With such great amenities at an affordable price point, it's no wonder Ocean Isle Beach continues to be one of the most popular destinations on the East Coast.

Ocean Isle Beach has an unemployment rate of 5.8%. The US average is 6.0%.

Ocean Isle Beach 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 Ocean Isle Beach
- The Sales Tax Rate for Ocean Isle Beach is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Ocean Isle Beach 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 Ocean Isle Beach
- The average income of a Ocean Isle Beach resident is $54,870 a year. The US average is $28,555 a year.
- The Median household income of a Ocean Isle Beach resident is $95,714 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOcean Isle Beach, North CarolinaUnited States
  5.86
  -8.7%-6.2%
  42.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $63,304$37,638
  $95,714$69,021
  $105,000$85,028
  Population by Occupation
  1.8%1.2%
  0.0%0.5%
  8.6%6.8%
  10.0%10.0%
  5.0%2.5%
  18.6%11.0%
  1.8%4.8%
  0.9%0.8%
  0.9%1.9%
  3.6%4.7%
  1.8%1.9%
  6.3%7.6%
  0.0%0.1%
  3.2%4.2%
  11.3%9.3%
  14.5%14.0%
  1.4%2.1%
  1.8%7.0%
  4.5%4.8%
  4.1%4.7%
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