Delco, NC Economy


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Delco, NC is a small town located in North Carolina. It is known for its friendly atmosphere and low cost of living. The average 2 Bedroom rent in Delco is $980, which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Delco is 95 versus 100 in the US. This means that groceries are more affordable here than many other places. Local companies include Carter-Gardner Real Estate, Delco Automotive and Repair Services, and Smith Produce Market. With its low cost of living and friendly atmosphere, Delco is an excellent place to live.

Delco has an unemployment rate of 6.1%. The US average is 6.0%.

Delco has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Delco
- The Sales Tax Rate for Delco is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Delco 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 Delco
- The average income of a Delco resident is $37,785 a year. The US average is $28,555 a year.
- The Median household income of a Delco resident is $70,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDelco, North CarolinaUnited States
  6.16
  -5.4%-6.2%
  25.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $24,644$37,638
  $70,000$69,021
  $69,583$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  19.6%6.8%
  9.8%10.0%
  0.0%2.5%
  12.7%11.0%
  0.0%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%
  0.0%4.2%
  31.4%9.3%
  0.0%14.0%
  8.8%2.1%
  0.0%7.0%
  17.6%4.8%
  0.0%4.7%
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