Hampstead, NC Economy


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Hampstead, NC is a beautiful town located in the eastern United States. It offers great affordability for those looking to rent as two bedroom apartments can be found for $1,230 per month. Its Grocery Cost Index is also quite low when compared to the US average at 103 versus 100 respectively. Hampstead boasts some great local businesses such as Hampstead Auto Repair, Marsh Harbor Marina, and Treasure Island Mini Golf. The area also offers plenty of leisure activities including hiking trails, shopping malls, and beach access points. No matter what your interests may be, Hampstead has something for everyone to enjoy.

Hampstead has an unemployment rate of 4.1%. The US average is 6.0%.

Hampstead 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 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Hampstead
- The Sales Tax Rate for Hampstead is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Hampstead 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 Hampstead
- The average income of a Hampstead resident is $26,730 a year. The US average is $28,555 a year.
- The Median household income of a Hampstead resident is $102,366 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHampstead, North CarolinaUnited States
  4.16
  -6.1%-6.2%
  38.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $45,497$37,638
  $102,366$69,021
  $111,782$85,028
  Population by Occupation
  1.5%1.2%
  0.0%0.5%
  10.5%6.8%
  6.6%10.0%
  1.3%2.5%
  10.1%11.0%
  1.3%4.8%
  5.6%0.8%
  1.2%1.9%
  5.4%4.7%
  1.8%1.9%
  10.9%7.6%
  0.0%0.1%
  2.6%4.2%
  5.5%9.3%
  12.6%14.0%
  2.5%2.1%
  6.6%7.0%
  6.7%4.8%
  7.2%4.7%
Health
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