Polkville, NC Economy

Polkville, NC is a small town in North Carolina that offers an affordable living. Rent for a two bedroom apartment averages at $750 compared to the national average of $1,430. Furthermore, groceries and other necessities are much cheaper due to the low cost index of 94 versus 100 nationally. There are many local businesses here such as Gibson's Barbeque, The Polkville Diner, The Jasper Emporium, and Stuart's Automotive. All these companies make Polkville an inviting place to live and work.

Polkville has an unemployment rate of 5.1%. The US average is 6.0%.

Polkville has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Polkville
- The Sales Tax Rate for Polkville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Polkville 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 Polkville
- The average income of a Polkville resident is $24,375 a year. The US average is $28,555 a year.
- The Median household income of a Polkville resident is $43,917 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Polkville, North Carolina	United States
	5.1	6
	-5.3%	-6.2%
	37.0%	33.5%
	6.8%	6.2%
	5.3%	4.6%
	$19,866	$37,638
	$43,917	$69,021
	$48,333	$85,028
Population by Occupation
	0.4%	1.2%
	0.0%	0.5%
	3.9%	6.8%
	13.9%	10.0%
	6.1%	2.5%
	13.9%	11.0%
	2.6%	4.8%
	0.0%	0.8%
	0.0%	1.9%
	0.0%	4.7%
	2.6%	1.9%
	0.4%	7.6%
	0.0%	0.1%
	3.9%	4.2%
	6.5%	9.3%
	7.4%	14.0%
	1.3%	2.1%
	3.5%	7.0%
	21.3%	4.8%
	12.2%	4.7%