Edenton, NC is a small city located in North Carolina. It has a population of 5,521 people according to the 2010 census. The cost of living is relatively low and the rent for a two bedroom apartment or house is $900 compared to the US average of $1,430. Grocery costs are also lower in Edenton when compared to the rest of the country with a grocery cost index of 95 versus 100 across the US.
The city offers several cultural attractions like museums and historical sites, as well as plenty outdoor activities like boating and fishing on Albemarle Sound. Some local companies in Edenton include Doosie's Dairy Bar, Edenton Coffee House, Corolla Home Builders, and RB Excavating Services.
Edenton has an unemployment rate of 4.8%. The US average is 6.0%.
Edenton has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Edenton
- The Sales Tax Rate for Edenton is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Edenton 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 Edenton
- The average income of a Edenton resident is $15,247 a year. The US average is $28,555 a year.
- The Median household income of a Edenton resident is $42,849 a year. The US average is $69,021 a year.