Rockwell, NC Economy


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equestId":"7ee81701-b184-47f9-a9c3-ae51286dce58","resource":"content","data":[{"id":"txt_dc810b4ea3204e61a59d3b4eaba4330f","text":"\nRockwell, NC is a small town located in North Carolina. It is home to many local businesses, such as Rockwell Grocery, David's Automotive Repair, and Anderson Plumbing Solutions. The cost of living in Rockwell is relatively low; the average rent for two bedrooms is $1,000 compared to the US average of $1,430. Additionally, the grocery cost index in Rockwell is 96 versus 100 in the US. Residents of Rockwell can take advantage of the low costs associated with living there.

Rockwell has an unemployment rate of 4.7%. The US average is 6.0%.

Rockwell has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 41.7%, which is higher than the US average of 33.5%.

Tax Rates for Rockwell
- The Sales Tax Rate for Rockwell is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Rockwell 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 Rockwell
- The average income of a Rockwell resident is $22,862 a year. The US average is $28,555 a year.
- The Median household income of a Rockwell resident is $52,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRockwell, North CarolinaUnited States
  4.76
  -5.6%-6.2%
  41.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $25,158$37,638
  $52,500$69,021
  $68,538$85,028
  Population by Occupation
  0.0%1.2%
  2.2%0.5%
  8.8%6.8%
  12.1%10.0%
  2.8%2.5%
  7.8%11.0%
  5.1%4.8%
  0.9%0.8%
  0.3%1.9%
  2.0%4.7%
  0.5%1.9%
  4.9%7.6%
  0.0%0.1%
  2.8%4.2%
  6.5%9.3%
  18.3%14.0%
  0.4%2.1%
  9.1%7.0%
  10.2%4.8%
  5.1%4.7%
Health
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