Bayshore, NC Economy


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Bayshore, NC is a wonderful place to live with its affordable rent prices and access to nearby grocery stores. According to the content above, the 2 bedroom rent in Bayshore is $1,460 while the US 2 bedroom rent average is $1,430. Additionally, Bayshore's Grocery Cost Index is 102 compared to 100 in the US. \nIn terms of local businesses, notable companies in Bayshore include ABC Carpet Cleaning Services, Big Fish Restaurants and Catering, Smiths' Hardware Store, and Jones Valley Florist. These companies provide excellent services to residents and visitors alike.

Bayshore has an unemployment rate of 4.1%. The US average is 6.0%.

Bayshore has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Bayshore
- The Sales Tax Rate for Bayshore is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Bayshore 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 Bayshore
- The average income of a Bayshore resident is $32,389 a year. The US average is $28,555 a year.
- The Median household income of a Bayshore resident is $96,027 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBayshore, North CarolinaUnited States
  4.16
  -6.1%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $41,670$37,638
  $96,027$69,021
  $86,989$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.4%6.8%
  12.1%10.0%
  2.3%2.5%
  7.1%11.0%
  0.0%4.8%
  0.0%0.8%
  1.1%1.9%
  6.1%4.7%
  2.3%1.9%
  12.1%7.6%
  0.0%0.1%
  3.9%4.2%
  16.8%9.3%
  4.9%14.0%
  1.9%2.1%
  8.4%7.0%
  5.0%4.8%
  11.6%4.7%
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