Icard, NC Economy


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Icard, NC is a small town located in Burke County. It is known for its rural atmosphere with quiet neighborhoods and beautiful countryside. The average two-bedroom rent in Icard is considerably lower than the US average of $1,430 at just $810. Grocery costs are also lower here as compared to the US index of 100, with an Icard grocery cost index of 95. The town is home to some local companies such as B & J Electric Supply Co., Icard RV Center, and Carolina Home Care Services Inc. These businesses provide much needed services to the Icard community and make it a great place to live for families or singles alike.

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

Icard has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Icard
- The Sales Tax Rate for Icard is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Icard 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 Icard
- The average income of a Icard resident is $16,475 a year. The US average is $28,555 a year.
- The Median household income of a Icard resident is $43,167 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIcard, North CarolinaUnited States
  4.46
  -6.4%-6.2%
  37.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $21,065$37,638
  $43,167$69,021
  $44,333$85,028
  Population by Occupation
  7.7%1.2%
  0.0%0.5%
  1.1%6.8%
  17.5%10.0%
  9.3%2.5%
  9.2%11.0%
  0.0%4.8%
  1.5%0.8%
  0.0%1.9%
  3.3%4.7%
  0.0%1.9%
  4.8%7.6%
  0.0%0.1%
  13.5%4.2%
  9.0%9.3%
  12.9%14.0%
  0.0%2.1%
  6.4%7.0%
  1.2%4.8%
  2.6%4.7%
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