Conetoe, NC Economy


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Conetoe, NC is a small town located in North Carolina with an estimated population of 645 people. This quaint town is known for its serene environment and convenient access to the local amenities. The rent for two-bedroom homes is much more affordable than the US average at only $900 compared to $1,430. Furthermore, the cost of groceries in Conetoe is lower than the US average by 9 points on the Grocery Cost Index (91 versus 100). Local companies include Stuckey Farms Agriculture and Perry Landscaping & Lawn Maintenance. With its small-town charm and reasonable costs of living, Conetoe has become a desirable place to live in North Carolina.

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

Conetoe has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 15.2%, which is lower than the US average of 33.5%.

Tax Rates for Conetoe
- The Sales Tax Rate for Conetoe is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Conetoe 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 Conetoe
- The average income of a Conetoe resident is $15,530 a year. The US average is $28,555 a year.
- The Median household income of a Conetoe resident is $34,023 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConetoe, North CarolinaUnited States
  7.56
  -6.9%-6.2%
  15.2%33.5%
  7.0%6.2%
  5.3%4.6%
  $9,735$37,638
  $34,023$69,021
  $33,941$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.0%6.8%
  12.9%10.0%
  0.0%2.5%
  47.0%11.0%
  4.5%4.8%
  0.0%0.8%
  1.5%1.9%
  0.0%4.7%
  0.0%1.9%
  2.3%7.6%
  0.0%0.1%
  3.0%4.2%
  0.0%9.3%
  12.9%14.0%
  0.0%2.1%
  6.8%7.0%
  0.0%4.8%
  6.1%4.7%
Health
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