Welcome, NC Economy


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Welcome, NC is a small town in North Carolina with a population of 5,621. The town offers affordable living costs; 2 bedroom rent is $800 compared to the national average of $1,430 and grocery cost index is 95 versus 100 in the US. The town prides itself on its friendly atmosphere and sense of community. Local companies include Welcome Grocery Store, All American Home Center, Joyner's Welding Service and Welcome Library. Town events organized by the local government make Welcome a great place to live as well.

Welcome has an unemployment rate of 4.4%. The US average is 6.0%.

Welcome has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Welcome
- The Sales Tax Rate for Welcome is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Welcome 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 Welcome
- The average income of a Welcome resident is $25,734 a year. The US average is $28,555 a year.
- The Median household income of a Welcome resident is $52,614 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWelcome, North CarolinaUnited States
  4.46
  -6.9%-6.2%
  34.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $26,662$37,638
  $52,614$69,021
  $62,821$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  7.3%6.8%
  23.6%10.0%
  1.1%2.5%
  11.9%11.0%
  8.2%4.8%
  1.9%0.8%
  1.0%1.9%
  1.6%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  5.8%4.2%
  5.6%9.3%
  11.1%14.0%
  1.0%2.1%
  3.7%7.0%
  6.4%4.8%
  6.8%4.7%
Health
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