Stantonsburg, NC Economy


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Stantonsburg, NC is a small town located in Pitt County in the Eastern part of North Carolina. The population of Stantonsburg is around 1,236 people. Residents of this town enjoy a lower cost of living than the US average. For example, renters can expect to pay significantly less for their 2 bedroom apartment at $790 per month versus the national average of $1,430 per month for the same size space. Additionally, grocery costs are much lower than other areas, as evidenced by Stantonsburg’s grocery cost index being 93 compared to 100 for the US. \nSome businesses located in Stantonsburg include Handy Mart convenience store and Family Dollar discount store. Residents are also happy to visit nearby stores such as Walmart and JCPenney which are just minutes away from downtown Stantonsburg. With such reasonable prices and convenient shopping opportunities nearby, it's no wonder why many locals choose to stay and live in Stantonsburg. Those who decide to move here will find that the cost difference associated with living in Stantonsburg is quite substantial when compared to many other places in the US.

Stantonsburg has an unemployment rate of 6.2%. The US average is 6.0%.

Stantonsburg has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 20.4%, which is lower than the US average of 33.5%.

Tax Rates for Stantonsburg
- The Sales Tax Rate for Stantonsburg is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stantonsburg 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 Stantonsburg
- The average income of a Stantonsburg resident is $18,530 a year. The US average is $28,555 a year.
- The Median household income of a Stantonsburg resident is $39,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStantonsburg, North CarolinaUnited States
  6.26
  -5.7%-6.2%
  20.4%33.5%
  7.0%6.2%
  5.3%4.6%
  $30,205$37,638
  $39,750$69,021
  $71,094$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  10.4%6.8%
  14.4%10.0%
  3.0%2.5%
  20.1%11.0%
  5.7%4.8%
  5.0%0.8%
  0.0%1.9%
  2.3%4.7%
  2.0%1.9%
  3.7%7.6%
  0.0%0.1%
  2.3%4.2%
  6.7%9.3%
  13.0%14.0%
  0.0%2.1%
  5.4%7.0%
  2.3%4.8%
  3.0%4.7%
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