Ramseur, NC Economy


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Ramseur, NC is a small town located in Randolph County. It offers a peaceful atmosphere and is home to many local businesses such as the Ramseur Family Pharmacy, The Ramseur Cafe & Grill, and Don's Flowers & Gifts. The cost of living in Ramseur is quite affordable compared to the national average. Rent for a 2 bedroom apartment is $910 per month, which is significantly lower than the US average of $1,430 for the same size unit. Additionally, groceries are also cheaper in Ramseur with an index score of 94 compared to 100 nationally. All in all, living in Ramseur can be very economical for those looking for an affordable place to reside.

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

Ramseur has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.

Tax Rates for Ramseur
- The Sales Tax Rate for Ramseur is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ramseur 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 Ramseur
- The average income of a Ramseur resident is $14,386 a year. The US average is $28,555 a year.
- The Median household income of a Ramseur resident is $25,300 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRamseur, North CarolinaUnited States
  4.56
  -7.5%-6.2%
  31.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $14,034$37,638
  $25,300$69,021
  $30,817$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.4%6.8%
  16.6%10.0%
  3.2%2.5%
  11.1%11.0%
  0.5%4.8%
  0.5%0.8%
  0.0%1.9%
  1.1%4.7%
  0.0%1.9%
  0.5%7.6%
  0.0%0.1%
  3.4%4.2%
  5.4%9.3%
  34.1%14.0%
  1.1%2.1%
  9.2%7.0%
  5.1%4.8%
  2.9%4.7%
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