Conover, NC Economy


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Conover, NC is a vibrant and growing city nestled in the foothills of North Carolina. It offers a variety of attractions and amenities for residents and visitors alike. The cost of living in Conover is relatively low compared to the rest of the United States – with two-bedroom rent averaging at $800 versus $1,430 nationally, and a Grocery Cost Index of 95 compared to 100 in the US. This makes Conover an attractive destination for anyone looking to live in a thriving city without breaking their budget. Companies that can be found here include B&C Products Inc., Conover Furniture Company, Hoeganaes Corporation, Creative Foam Corporation, and Industrial Metal Supply Co., amongst many others.

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

Conover 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 Conover
- The Sales Tax Rate for Conover is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Conover 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 Conover
- The average income of a Conover resident is $23,093 a year. The US average is $28,555 a year.
- The Median household income of a Conover resident is $47,923 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyConover, North CarolinaUnited States
  4.56
  -6.5%-6.2%
  39.8%33.5%
  7.0%6.2%
  5.3%4.6%
  $27,867$37,638
  $47,923$69,021
  $60,077$85,028
  Population by Occupation
  0.2%1.2%
  0.2%0.5%
  9.3%6.8%
  28.8%10.0%
  3.3%2.5%
  7.7%11.0%
  4.2%4.8%
  0.6%0.8%
  1.8%1.9%
  3.3%4.7%
  0.0%1.9%
  3.1%7.6%
  0.0%0.1%
  4.9%4.2%
  5.3%9.3%
  8.4%14.0%
  1.0%2.1%
  7.7%7.0%
  3.2%4.8%
  7.0%4.7%
Health
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