Old Fort, NC Economy


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Old Fort, NC is a small town located in western North Carolina. It is well known for its historic fort ruins and the nearby Catawba River. For those looking to move to Old Fort, there are a number of local businesses that can help make their transition easier. Companies like Real Estate USA, A-Plus Realty Services, and David's Cable provide residents with access to the resources they need to get settled into their new homes. The cost of living in Old Fort is quite affordable compared to other parts of the country. Rent for two bedroom apartments averages around $1,650 while the US average sits at just $1,430. Grocery costs also remain lower than the US average with an index rating of 97 as opposed to 100.

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

Old Fort has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 27.3%, which is lower than the US average of 33.5%.

Tax Rates for Old Fort
- The Sales Tax Rate for Old Fort is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Old Fort 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 Old Fort
- The average income of a Old Fort resident is $17,924 a year. The US average is $28,555 a year.
- The Median household income of a Old Fort resident is $46,429 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOld Fort, North CarolinaUnited States
  4.46
  -5.6%-6.2%
  27.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $24,153$37,638
  $46,429$69,021
  $48,833$85,028
  Population by Occupation
  4.7%1.2%
  0.0%0.5%
  1.1%6.8%
  20.6%10.0%
  6.1%2.5%
  11.6%11.0%
  10.8%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  0.0%4.2%
  7.2%9.3%
  16.6%14.0%
  0.0%2.1%
  3.2%7.0%
  10.5%4.8%
  3.6%4.7%
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