Weddington, NC is an interesting town with a lot to offer. It is located near the city of Charlotte and has a population of about 8,000 people. Rent for two bedrooms in Weddington, NC is slightly higher than the national average at $1,580 compared to $1,430. Grocery costs are also high in Weddington with an index of 102 versus 100 nationally. There are many local businesses that contribute to the economy such as Weddington Dry Cleaners, The Weddington Bakery & Cafe, and Weddington Veterinary Services. These local companies serve the growing community and provide it with essential services.
Weddington has an unemployment rate of 3.7%. The US average is 6.0%.
Weddington has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.
Tax Rates for Weddington
- The Sales Tax Rate for Weddington is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Weddington 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 Weddington
- The average income of a Weddington resident is $54,820 a year. The US average is $28,555 a year.
- The Median household income of a Weddington resident is $152,377 a year. The US average is $69,021 a year.