Bessemer City, NC Economy


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Bessemer City, NC is a great place to live with affordable rental rates and low grocery costs. The two bedroom rent in Bessemer City is $930 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in Bessemer City is 95 versus 100 in the US. \nThe city offers plenty of amenities such as entertainment venues and local businesses including shops, restaurants and even community banks. For outdoors activities, there are beautiful parks such as Crowders Mountain State Park and Gaston County Parks & Recreation which includes walking trails, swimming pools and much more! In addition to outdoor activities, Bessemer City has several museums for people who appreciate art like the Crowder’s Mountain Art Center. There are also music venues for those looking for a night out on the town or want to catch some exciting live performances. Overall, Bessemer City is an affordable and vibrant community with plenty of attractions for everyone!

Bessemer City has an unemployment rate of 5.0%. The US average is 6.0%.

Bessemer City has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.

Tax Rates for Bessemer City
- The Sales Tax Rate for Bessemer City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bessemer City 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 Bessemer City
- The average income of a Bessemer City resident is $15,469 a year. The US average is $28,555 a year.
- The Median household income of a Bessemer City resident is $41,558 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBessemer City, North CarolinaUnited States
  56
  -5.6%-6.2%
  44.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $21,278$37,638
  $41,558$69,021
  $60,385$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  9.7%6.8%
  21.5%10.0%
  2.3%2.5%
  24.5%11.0%
  6.8%4.8%
  0.7%0.8%
  1.0%1.9%
  5.5%4.7%
  1.3%1.9%
  0.3%7.6%
  0.0%0.1%
  2.7%4.2%
  3.9%9.3%
  7.1%14.0%
  0.0%2.1%
  11.3%7.0%
  0.7%4.8%
  0.7%4.7%
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