Waxhaw, NC Economy


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Waxhaw, NC is a beautiful city located in the southeastern United States. It is an ideal place to live, work and play thanks to its many amenities and attractions. There are many local companies based in Waxhaw, such as a number of medical facilities like Novant Health Waxhaw Medical Center, retail stores such as The Artist's Den Art Gallery & Gifts, and an array of restaurants like Brickhouse Pizza Kitchen. The area also offers attractions such as historic downtown Waxhaw shopping district, Cane Creek Park for outdoor activities and wildlife observation, the Waxhaw Farmers Market for fresh produce or baked goods and the Historic Village of Waxhaw which features restored buildings from the late 1800s. Residents of Waxhaw can also enjoy two bedroom rent that remains lower than the national average at $1,510 per month and favorable grocery costs compared to those in other areas with an index rating of 104 versus 100 nationally.

Waxhaw has an unemployment rate of 3.7%. The US average is 6.0%.

Waxhaw has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Waxhaw
- The Sales Tax Rate for Waxhaw is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Waxhaw 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 Waxhaw
- The average income of a Waxhaw resident is $28,411 a year. The US average is $28,555 a year.
- The Median household income of a Waxhaw resident is $123,370 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaxhaw, North CarolinaUnited States
  3.76
  -5.6%-6.2%
  44.9%33.5%
  6.8%6.2%
  5.3%4.6%
  $43,873$37,638
  $123,370$69,021
  $134,351$85,028
  Population by Occupation
  0.0%1.2%
  0.3%0.5%
  5.7%6.8%
  7.7%10.0%
  2.2%2.5%
  9.7%11.0%
  1.7%4.8%
  0.9%0.8%
  3.6%1.9%
  14.7%4.7%
  1.7%1.9%
  13.4%7.6%
  0.3%0.1%
  3.2%4.2%
  10.2%9.3%
  8.6%14.0%
  3.3%2.1%
  5.4%7.0%
  5.1%4.8%
  2.6%4.7%
Reviews for Waxhaw
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Over 5 years ago

Waxhaw used to be a good place, I was born and raised here loving the small friendly town and enviorment. The summer parades were amazing as this was an ideal place to  More

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The schools claim to be good but in reality they are just overrated and kind of bad plus the schools are all overcrowded from everyone moving here. No sidewalks anywhere  More

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Over 13 years ago

It is dangerous and arrogant to jump to conclusions. It is not prejudice towards single women, or any women for that matter. It is a growing saddness that natives feel  More

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