Harkers Island, NC Economy


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Harkers Island, NC is a small coastal town located off the eastern shore of North Carolina. It's known for its rich history, traditional fishing industry, unique wildlife and captivating landscapes. The cost of living is relatively low with 2 bedroom rent averaging $1,010 compared to $1,430 in the US and grocery costs index at 101 versus 100 in the US. The area is home to several local companies such as Harkers Island Fisheries, Beaufort Boats Inc., Ocean View Marine Services and Waterways Marina. There are also plenty of attractions such as Cape Lookout National Seashore, Rachel Carson Reserve and Portsmouth Village Historical Museum.

Harkers Island has an unemployment rate of 4.0%. The US average is 6.0%.

Harkers Island has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Harkers Island
- The Sales Tax Rate for Harkers Island is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Harkers Island 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 Harkers Island
- The average income of a Harkers Island resident is $30,210 a year. The US average is $37,638 a year.
- The Median household income of a Harkers Island resident is $60,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHarkers Island, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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