Fremont, NC Economy


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Fremont, NC is a wonderful town to live in. It is an affordable and charming city with lots of amenities for its residents. The rent for a two-bedroom apartment is only $790 per month, making it very budget friendly compared to the average rent of $1,430 across the US. The cost of food and other groceries in Fremont is also lower than the national average with an index score of 93 versus 100.
There are many local companies in Fremont that contribute to the town's economy. Some of these businesses include Womble Automotive, Moore’s Lumber & Hardware Co., and Brown Farm Supply. These businesses are part of what makes living in Fremont great because they provide employment opportunities and help spur economic growth.
In addition to its affordability and thriving industry, there are plenty of activities and attractions for people of all ages. There are outdoor activities such as hiking trails at nearby parks, fishing spots around Lake Waccamaw, various golf courses , and plenty more! With its lovely scenery , warm community atmosphere , and diverse business landscape , Fremont makes for an excellent place to call home .

Fremont has an unemployment rate of 4.8%. The US average is 6.0%.

Fremont has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Fremont
- The Sales Tax Rate for Fremont is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Fremont 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 Fremont
- The average income of a Fremont resident is $18,453 a year. The US average is $28,555 a year.
- The Median household income of a Fremont resident is $43,229 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFremont, North CarolinaUnited States
  4.86
  -5.5%-6.2%
  23.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $22,527$37,638
  $43,229$69,021
  $41,667$85,028
  Population by Occupation
  8.2%1.2%
  0.0%0.5%
  1.6%6.8%
  9.6%10.0%
  3.6%2.5%
  22.6%11.0%
  1.8%4.8%
  0.0%0.8%
  0.0%1.9%
  1.0%4.7%
  0.0%1.9%
  10.0%7.6%
  0.0%0.1%
  2.4%4.2%
  9.6%9.3%
  14.2%14.0%
  2.2%2.1%
  1.4%7.0%
  8.8%4.8%
  3.0%4.7%
Reviews for Fremont
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Over 11 years ago

Fremont is a sad, boring little town in eastern North Carolina. It has a two block downtown with very old buildings. Most of these buildings are in disrepair and are  More

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