Hays, NC Economy


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Hays, North Carolina is a small town located in caldwell county with plenty of charm. This quaint little town offers many small businesses such as Pizza Villa, which offers delicious pizzas and other Italian cuisine; Hay's Pharmacy, offering prescription services and more; and several local furniture stores. The cost of living in Hays is quite low, with a two bedroom rent coming in at $750 compared to the national average of $1,430. Additionally, the Grocery Cost Index for Hays is 94 versus 100 in the US, showing that groceries are cheaper here than nationally. All in all, Hays is an ideal location for people looking for an affordable place to live and work while still having access to essential amenities.

Hays has an unemployment rate of 4.4%. The US average is 6.0%.

Hays has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Hays
- The Sales Tax Rate for Hays is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hays 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 Hays
- The average income of a Hays resident is $21,648 a year. The US average is $37,638 a year.
- The Median household income of a Hays resident is $39,069 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHays, 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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