Rocky Point, NC Economy


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Rocky Point, NC is a small town located in the southeastern United States. The cost of living in Rocky Point is relatively low compared to other cities in the US. The average rent for a two bedroom apartment is $910, which is significantly lower than the national average of $1,430. Additionally, grocery prices are slightly lower than the US average due to a Grocery Cost Index of 99 as opposed to 100 in the US.
Rocky Point offers its residents many amenities like parks with playgrounds and recreational areas. In addition to these outdoor activities, there are several local businesses around town that offer services and products for sale. Some notable companies include Rocky Point Pizza Restaurant, Southern Textiles Manufacturing Company, Johnson's Auto Parts Store, and Tony's Bakery.

Rocky Point has an unemployment rate of 4.1%. The US average is 6.0%.

Rocky Point has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 38.5%, which is higher than the US average of 33.5%.

Tax Rates for Rocky Point
- The Sales Tax Rate for Rocky Point is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rocky Point 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 Rocky Point
- The average income of a Rocky Point resident is $20,879 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Point resident is $39,659 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRocky Point, North CarolinaUnited States
  4.16
  -6.1%-6.2%
  38.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $26,057$37,638
  $39,659$69,021
  $44,583$85,028
  Population by Occupation
  10.4%1.2%
  0.0%0.5%
  2.6%6.8%
  8.4%10.0%
  2.6%2.5%
  6.8%11.0%
  3.8%4.8%
  0.0%0.8%
  0.9%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  16.7%4.2%
  16.1%9.3%
  12.6%14.0%
  1.4%2.1%
  1.1%7.0%
  1.5%4.8%
  15.3%4.7%
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