Pantego, NC Economy


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Pantego, NC is a great place to live, work and raise a family. The cost of living is lower than the US average with 2 bedroom rent coming in at $760 compared to the US average of $1,430 and grocery costs 94 as against the national index of 100. There are plenty of things to do in Pantego including shopping at small local businesses such as Riverview Marketplace and Old Town Herbs and crafts. There is also an abundance of outdoor activities nearby such as canoeing, swimming or hiking at Tyner Pond Park or camping at Wilmeth Creek Campground. With its low cost of living, convenient access to amenities and abundance of recreational opportunities, Pantego, NC is an ideal location for those looking for a home away from home.

Pantego has an unemployment rate of 4.5%. The US average is 6.0%.

Pantego has seen the job market decrease by -3.5% over the last year. Future job growth over the next ten years is predicted to be 25.7%, which is lower than the US average of 33.5%.

Tax Rates for Pantego
- The Sales Tax Rate for Pantego is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pantego 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 Pantego
- The average income of a Pantego resident is $12,379 a year. The US average is $37,638 a year.
- The Median household income of a Pantego resident is $58,438 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPantego, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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