Mooresville, NC Economy


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Mooresville, NC is a charming small town just outside of Charlotte full of picturesque views and plenty of activities for the whole family. This town is home to popular companies such as Lowe's Home Improvement, Mooresville Graded School District, Duke Energy, and many more. The cost of living in Mooresville is relatively affordable compared to other areas. The average 2 bedroom rent in Mooresville is $1,260 while it is $1,430 in the US overall. Additionally, grocery costs are at an index of 100 which is comparable to the cost index in the US.

Mooresville has an unemployment rate of 4.7%. The US average is 6.0%.

Mooresville 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 44.1%, which is higher than the US average of 33.5%.

Tax Rates for Mooresville
- The Sales Tax Rate for Mooresville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mooresville 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 Mooresville
- The average income of a Mooresville resident is $26,936 a year. The US average is $28,555 a year.
- The Median household income of a Mooresville resident is $75,141 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMooresville, North CarolinaUnited States
  4.76
  -5.6%-6.2%
  44.1%33.5%
  6.8%6.2%
  5.3%4.6%
  $36,633$37,638
  $75,141$69,021
  $81,773$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.4%6.8%
  14.6%10.0%
  2.5%2.5%
  17.8%11.0%
  3.9%4.8%
  0.8%0.8%
  1.1%1.9%
  5.1%4.7%
  2.3%1.9%
  6.7%7.6%
  0.3%0.1%
  3.9%4.2%
  8.1%9.3%
  11.9%14.0%
  3.3%2.1%
  5.6%7.0%
  5.5%4.8%
  1.1%4.7%
Reviews for Mooresville
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Over 4 years ago

I've lived here for a while, it has everything you need. But 150 traffics  More

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Over 5 years ago

It's a nice town but all the jobs are either service industry or manufacturers that don't pay well. If you're single and make less than 50,000 a year good luck finding  More

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Over 8 years ago

Hi, Moving back to NC to the Moorseville area. Am so excited . I am not from this area . so not familiar with area. So any insite would be greatly appericate. I to go  More

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