Manteo, NC Economy


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Manteo, NC is a charming small town located on the Outer Banks of North Carolina. It's known for its beautiful beaches, excellent fishing spots, and historical sites. Renting a two-bedroom apartment in Manteo costs around $1,370 per month which is slightly cheaper than the US average of $1,430. The Grocery Cost Index in Manteo is also lower than the national average at 100 versus 100. \nManteo has a variety of businesses and attractions to visit. Some popular local companies include JKF Concrete Solutions, Outer Beaches Realty & Construction Company, and A&J Marine Supplies. Tourists can stay at Pirate’s Cove Marina or Roanoke Island Inn while exploring all the attractions this area has to offer like Roanoke Adventure Museum, Elizabethan Gardens, and Fort Raleigh National Historic Site.

Manteo has an unemployment rate of 7.5%. The US average is 6.0%.

Manteo has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Manteo
- The Sales Tax Rate for Manteo is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Manteo 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 Manteo
- The average income of a Manteo resident is $32,379 a year. The US average is $28,555 a year.
- The Median household income of a Manteo resident is $59,524 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManteo, North CarolinaUnited States
  7.56
  -8.5%-6.2%
  25.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $46,109$37,638
  $59,524$69,021
  $68,796$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  9.4%6.8%
  2.8%10.0%
  0.8%2.5%
  19.5%11.0%
  6.8%4.8%
  0.0%0.8%
  1.0%1.9%
  2.0%4.7%
  4.5%1.9%
  5.8%7.6%
  1.4%0.1%
  4.3%4.2%
  6.0%9.3%
  10.9%14.0%
  3.6%2.1%
  12.6%7.0%
  1.9%4.8%
  3.6%4.7%
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