Southport, NC Economy


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Southport, NC is a coastal town located in Brunswick county. It is known for its charming downtown area, picturesque waterfront views, and historic sites. The cost of living in Southport is relatively low compared to the US average with a two bedroom rent of $1,030 versus $1,430 nationally. Grocery costs are also lower than the national average with an index of 103 versus 100 in the US. Popular companies located in Southport include Moore’s Marina and Fishin’ Frannies Seafood Market who offer services ranging from boat parts to local seafood supply. In addition to these businesses, Southport also offers many attractions such as Fort Johnston-Southport Museum & Visitors Center which offers tours highlighting the history of the area or you can take a stroll through nearby Oak Island Lighthouse Park. With its local charm and outdoor activities, Southport is an attractive destination for visitors throughout the year.

Southport has an unemployment rate of 5.8%. The US average is 6.0%.

Southport 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 Southport
- The Sales Tax Rate for Southport is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Southport 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 Southport
- The average income of a Southport resident is $25,262 a year. The US average is $28,555 a year.
- The Median household income of a Southport resident is $68,301 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouthport, North CarolinaUnited States
  5.86
  -8.7%-6.2%
  42.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $36,725$37,638
  $68,301$69,021
  $85,902$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  4.1%6.8%
  7.2%10.0%
  3.0%2.5%
  11.2%11.0%
  6.5%4.8%
  0.7%0.8%
  0.2%1.9%
  0.0%4.7%
  2.1%1.9%
  10.7%7.6%
  0.0%0.1%
  0.6%4.2%
  10.0%9.3%
  13.9%14.0%
  5.5%2.1%
  10.5%7.0%
  8.0%4.8%
  4.2%4.7%
Reviews for Southport
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Over 11 years ago

I found the other reviews interesting stating that the housing market is priced high. This is very subjective and based on what they've looked at. We live in NJ and are  More

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Over 14 years ago

I hated to leave the other reveiw stand alone. Yes cost of living is higher in Southport than say Whiteville or Fayetteville. You do pay a premium to live next to the  More

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Over 16 years ago

Southport is a great place to live if you can stand the cost of living. Housing prices are high, taxes are high, and utilities are expensive. The city of Southport is  More

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