Sharpsburg, NC Economy


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Sharpsburg, NC is a small town located in North Carolina that offers its residents and visitors a great quality of life. It has a population of just over 2,000 people and is known for its friendly community with easy access to many amenities. The average rent for a two bedroom apartment in Sharpsburg is $900 per month which is much lower than the national average of $1,430. Additionally, the cost of groceries in Sharpsburg is 93 on the US grocery cost index versus 100 nationally which makes it very affordable to live in Sharpsburg. There are also many businesses in the area such as Matthew's Grocery & Hardware Store and Piedmont Gas Company providing employment opportunities to the local population. Overall, Sharpsburg provides an excellent quality of life at an affordable cost.

Sharpsburg has an unemployment rate of 5.8%. The US average is 6.0%.

Sharpsburg has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.

Tax Rates for Sharpsburg
- The Sales Tax Rate for Sharpsburg is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sharpsburg 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 Sharpsburg
- The average income of a Sharpsburg resident is $14,584 a year. The US average is $28,555 a year.
- The Median household income of a Sharpsburg resident is $30,521 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySharpsburg, North CarolinaUnited States
  5.86
  -6.9%-6.2%
  21.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $19,266$37,638
  $30,521$69,021
  $29,500$85,028
  Population by Occupation
  5.2%1.2%
  0.0%0.5%
  3.3%6.8%
  13.7%10.0%
  0.0%2.5%
  8.2%11.0%
  6.2%4.8%
  0.0%0.8%
  0.0%1.9%
  4.9%4.7%
  2.4%1.9%
  4.6%7.6%
  0.0%0.1%
  6.0%4.2%
  5.8%9.3%
  9.0%14.0%
  3.2%2.1%
  17.0%7.0%
  3.9%4.8%
  6.6%4.7%
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