Ashley Heights, NC Economy


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Ashley Heights, NC is a small town located in North Carolina. It is known for its affordable housing options and low cost of living. The average two bedroom rent is only $810 compared to the US average of $1,430. Additionally, the cost of groceries in Ashley Heights is 96 compared to 100 in the US. These low costs make Ashley Heights a great place for families looking to save money while still maintaining their lifestyle.
The local economy in Ashley Heights relies heavily on agriculture, manufacturing and retail businesses such as Exmark Industries Inc., Biltmore Farms LLC., Sawyer Brothers Farms, and Hicks & Company Inc.. There are also several small businesses like cafes, boutiques, restaurants and other goods that provide services to the community. The town's proximity to larger cities like Charlotte is advantageous for residents who want access to more job opportunities while still living in an affordable area. All these factors combine to make Ashley Heights a great place for people looking for an economical place to live with all the necessary amenities nearby.

Ashley Heights has an unemployment rate of 6.2%. The US average is 6.0%.

Ashley Heights has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Ashley Heights
- The Sales Tax Rate for Ashley Heights is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Ashley Heights 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 Ashley Heights
- The average income of a Ashley Heights resident is $10,349 a year. The US average is $28,555 a year.
- The Median household income of a Ashley Heights resident is $47,361 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAshley Heights, North CarolinaUnited States
  6.26
  -6.5%-6.2%
  30.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $24,545$37,638
  $47,361$69,021
  $60,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  34.5%11.0%
  8.0%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  20.4%4.2%
  0.0%9.3%
  0.0%14.0%
  14.2%2.1%
  23.0%7.0%
  0.0%4.8%
  0.0%4.7%
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