Morehead City, NC is an ideal location for those looking for a more relaxed lifestyle with plenty of outdoor activities and attractions. Located on the Crystal Coast of North Carolina, it is a predominantly residential area that offers its residents access to ample shopping, dining and entertainment opportunities. The cost of living in Morehead City is relatively low compared to other cities across the United States; 2 bedroom rent averages $980 per month whereas the US average is $1,430. Grocery cost index in Morehead City is also lower than the national average at 100. Local companies include Big Rock Sports, Flowers Seafood Company and Willis Seafood Market which all offer fresh seafood options while local tourist attractions like the Fort Macon State Park offer a variety of outdoor recreational activities. Other amenities include golf courses and marina’s along with restaurants such as Jack’s Waterfront Bar & Grill and Ketch 55 Restaurant & Bar which both provide waterfront views from their locations near Bogue Sound Marina.
Morehead City has an unemployment rate of 4.0%. The US average is 6.0%.
Morehead City has seen the job market increase by 0.8% 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 Morehead City
- The Sales Tax Rate for Morehead City is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Morehead City 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 Morehead City
- The average income of a Morehead City resident is $28,489 a year. The US average is $28,555 a year.
- The Median household income of a Morehead City resident is $47,058 a year. The US average is $69,021 a year.