Wanchese, NC Economy


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Wanchese, NC is a small town located on Roanoke Island in Dare County. It is well known for its fishing industry and its beautiful beachfront properties. The two bedroom rent in Wanchese is $1,160 which is lower than the US average of $1430. Additionally, the grocery cost index in Wanchese is 98 versus the US average of 100 meaning goods are relatively cheaper here than the national average.
The area is filled with interesting attractions such as the Cape Hatteras National Seashore, where visitors can explore miles of sandy beaches, wildlife viewing areas, and historic lighthouses. There are also plenty of great restaurants such as Captain George's Seafood Restaurant & Steam Bar, which serves up some of the freshest seafood around! For those looking to get out on the water for some fishing or boating there are several local companies that offer charters and rentals including Fish-N-Fool Charters and Venture Fishing Co.
The locals here take pride in their community and have a strong sense of regional culture. From the many family-owned businesses that line Main Street to the friendly atmosphere at church services on Sunday morning, you'll quickly find yourself feeling at home in this small town on Roanoke Island.

Wanchese has an unemployment rate of 7.5%. The US average is 6.0%.

Wanchese has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Wanchese
- The Sales Tax Rate for Wanchese is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wanchese 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 Wanchese
- The average income of a Wanchese resident is $20,435 a year. The US average is $28,555 a year.
- The Median household income of a Wanchese resident is $66,581 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWanchese, North CarolinaUnited States
  7.56
  -8.5%-6.2%
  25.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $29,282$37,638
  $66,581$69,021
  $70,298$85,028
  Population by Occupation
  12.5%1.2%
  0.0%0.5%
  7.3%6.8%
  11.1%10.0%
  2.2%2.5%
  8.4%11.0%
  1.9%4.8%
  0.0%0.8%
  1.6%1.9%
  3.2%4.7%
  3.8%1.9%
  1.1%7.6%
  0.0%0.1%
  1.7%4.2%
  9.5%9.3%
  2.7%14.0%
  4.1%2.1%
  14.9%7.0%
  11.1%4.8%
  3.0%4.7%
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