Claremont, NC Economy


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Claremont, NC is a small town located in the foothills of North Carolina. It is home to several local companies such as Claremont Industrial Supplies, Inc., Claremont Motors, and The Claremont Grocery Store. The 2 bedroom rent for this area is quite affordable at only $900 compared to the US average of $1,430. Additionally, the grocery cost index in Claremont, NC is 94 which is much lower than the national average of 100. This makes it an attractive destination for those looking for a place to live with reasonable prices.

Claremont has an unemployment rate of 4.5%. The US average is 6.0%.

Claremont has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Claremont
- The Sales Tax Rate for Claremont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Claremont 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 Claremont
- The average income of a Claremont resident is $25,471 a year. The US average is $28,555 a year.
- The Median household income of a Claremont resident is $56,957 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClaremont, North CarolinaUnited States
  4.56
  -6.5%-6.2%
  39.8%33.5%
  7.0%6.2%
  5.3%4.6%
  $31,108$37,638
  $56,957$69,021
  $76,364$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.3%6.8%
  32.8%10.0%
  1.7%2.5%
  9.8%11.0%
  2.7%4.8%
  0.9%0.8%
  1.0%1.9%
  2.8%4.7%
  1.0%1.9%
  2.7%7.6%
  0.0%0.1%
  7.1%4.2%
  5.4%9.3%
  11.4%14.0%
  0.7%2.1%
  3.0%7.0%
  5.3%4.8%
  6.2%4.7%
Health
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