Elizabeth City, NC is a great city to live in for many reasons. With an average 2-bedroom rent of $960, it is far more affordable than the US average of $1,430. Additionally, its Grocery Cost Index is 95 versus 100 in the US which means that groceries are relatively cheap as well. Elizabeth City also has a variety of local companies to choose from for employment opportunities or recreational activities. Some of these companies include Little River Gifts & Apparel, Queen’s Creek Oyster Company, and Moore's Ferry Marina. In addition to providing job opportunities, these businesses can make living in Elizabeth City even more enjoyable.
Elizabeth City has an unemployment rate of 5.2%. The US average is 6.0%.
Elizabeth City has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Elizabeth City
- The Sales Tax Rate for Elizabeth City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Elizabeth City 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 Elizabeth City
- The average income of a Elizabeth City resident is $16,910 a year. The US average is $28,555 a year.
- The Median household income of a Elizabeth City resident is $44,759 a year. The US average is $69,021 a year.