Mulberry, NC Economy


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Mulberry, NC is a small city located in North Carolina. It has a population of just over 1,000 people and is known for its affordable living costs. The average 2 bedroom rent in Mulberry is $770, far lower than the US average of $1,430. This makes it an attractive place to live for those looking for more affordable housing prices. The grocery cost index in Mulberry is also much lower than the US average at 95 compared to 100.
Mulberry provides plenty of local attractions and businesses for those who call this town home. They can visit Kody's Grill & Restaurant for delicious BBQ or take a trip to the local Hair Studio & Boutique for their beauty needs. For outdoor activities they can enjoy hiking at nearby Rough Mountain State Park or check out the Sawtooth Riding Stables. There are lots of opportunities available in Mulberry, making it an ideal place to call home.

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

Mulberry has seen the job market decrease by -0.3% 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 Mulberry
- The Sales Tax Rate for Mulberry is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Mulberry 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 Mulberry
- The average income of a Mulberry resident is $29,341 a year. The US average is $37,638 a year.
- The Median household income of a Mulberry resident is $51,471 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMulberry, North CarolinaUnited States
  4.46
  -6.6%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $29,341$37,638
  $51,471$69,021
  $62,591$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.6%6.8%
  20.1%10.0%
  1.9%2.5%
  15.8%11.0%
  7.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.4%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  2.9%4.2%
  14.5%9.3%
  13.8%14.0%
  3.9%2.1%
  7.0%7.0%
  9.3%4.8%
  0.0%4.7%
Health
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