Gastonia, NC Economy


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Gastonia, NC is a great place to call home. It offers affordable housing and many amenities that make it an attractive option for those looking for a new place to live. The average rent for a two-bedroom apartment in Gastonia is $1,090 which is significantly lower than the national average of $1,430. Additionally, Gastonia has a low grocery cost index with the score at 95 versus the US average of 100 – making it even more affordable to get basic necessities.
The city also has numerous local companies that provide goods and services to its citizens such as CaroMont Regional Medical Center, S&D Coffee & Tea Company, and GKN Aerospace North America Corporation. Many other businesses can be found within the city limits that help to create jobs and boost economic stability in Gastonia.
In conclusion, Gastonia is an attractive option for people looking for an affordable place to live with many amenities and job opportunities available locally. With low rent rates and grocery costs combined with abundant economic activity from the local businesses, Gastonia offers a great quality of life at an affordable cost of living.

Gastonia has an unemployment rate of 5.9%. The US average is 6.0%.

Gastonia 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 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Gastonia
- The Sales Tax Rate for Gastonia is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Gastonia 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 Gastonia
- The average income of a Gastonia resident is $21,524 a year. The US average is $28,555 a year.
- The Median household income of a Gastonia resident is $52,990 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGastonia, North CarolinaUnited States
  5.96
  -5.6%-6.2%
  43.4%33.5%
  7.0%6.2%
  5.3%4.6%
  $29,179$37,638
  $52,990$69,021
  $71,483$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  6.3%6.8%
  15.5%10.0%
  2.9%2.5%
  12.4%11.0%
  6.2%4.8%
  0.9%0.8%
  1.1%1.9%
  4.4%4.7%
  1.6%1.9%
  4.1%7.6%
  0.1%0.1%
  4.9%4.2%
  7.3%9.3%
  13.5%14.0%
  1.3%2.1%
  7.5%7.0%
  5.8%4.8%
  3.4%4.7%
Reviews for Gastonia
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Over 4 years ago

This city is about Greed. Council does not care about the citizens. The only hospital pays the city millions so they can be on hospital. Quality of care I rate a 2. Low  More

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Over 6 years ago

I AMFROM FLORIDA THE SUNSHINE STATE AND I AM LOOKING TO MAKE A MOVE TOWARD GASTONIA, NC. I AM A SINGLE PARENT OF 4 AND FEEL THAT THE RIGHT MOVE FOR MY FAMILY WOULD BE  More

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Over 16 years ago

The schools are overcrowded but the county is trying to rectify the situation by building new  More

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