Watha, NC Economy


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Watha, NC is a great place to live for those who are looking to live an affordable lifestyle. Rent for a two-bedroom home averages at $830 compared to the national average of $1,430; groceries also cost significantly less with a grocery cost index of 94 compared to the US average of 100.
The town is home to a variety of local businesses such as J's BBQ and Grill, a popular barbeque joint that serves up some of the best ribs in town. For entertainment, Watha has lots to offer including Watha Lakeside Park which offers fishing, boating, and other outdoor activities. Another popular destination is the local Farmers Market where visitors can purchase fresh produce from local farmers.

Watha has an unemployment rate of 4.1%. The US average is 6.0%.

Watha has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Watha
- The Sales Tax Rate for Watha is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Watha 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 Watha
- The average income of a Watha resident is $20,611 a year. The US average is $28,555 a year.
- The Median household income of a Watha resident is $33,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatha, North CarolinaUnited States
  4.16
  -6.1%-6.2%
  38.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $18,682$37,638
  $33,750$69,021
  $38,750$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  19.8%6.8%
  21.0%10.0%
  7.4%2.5%
  8.6%11.0%
  0.0%4.8%
  0.0%0.8%
  1.2%1.9%
  2.5%4.7%
  1.2%1.9%
  0.0%7.6%
  0.0%0.1%
  1.2%4.2%
  16.0%9.3%
  2.5%14.0%
  0.0%2.1%
  7.4%7.0%
  0.0%4.8%
  9.9%4.7%
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