Unionville, NC Economy


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Unionville, NC is an ideal location for those looking to enjoy a small-town atmosphere without sacrificing big-city amenities. The cost of living is relatively low compared to the rest of the US, with 2 bedroom rent averaging $1,210 in Unionville versus $1,430 in the US as a whole. Grocery costs also tend to be lower, with a grocery cost index of 97 in Unionville compared to 100 in the US. There is no shortage of activities and attractions available either. Local companies like Southern States Cooperative offer products and services such as agricultural equipment and supplies, while other businesses like Mayberry Automotive provide car repairs and maintenance. All in all, Unionville provides its residents with a high quality lifestyle at an affordable price.

Unionville has an unemployment rate of 3.7%. The US average is 6.0%.

Unionville has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 44.9%, which is higher than the US average of 33.5%.

Tax Rates for Unionville
- The Sales Tax Rate for Unionville is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Unionville 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 Unionville
- The average income of a Unionville resident is $26,486 a year. The US average is $28,555 a year.
- The Median household income of a Unionville resident is $85,477 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyUnionville, North CarolinaUnited States
  3.76
  -5.6%-6.2%
  44.9%33.5%
  6.8%6.2%
  5.3%4.6%
  $35,712$37,638
  $85,477$69,021
  $101,064$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  15.2%6.8%
  13.5%10.0%
  4.2%2.5%
  11.2%11.0%
  3.0%4.8%
  1.9%0.8%
  2.1%1.9%
  8.0%4.7%
  1.6%1.9%
  5.2%7.6%
  0.0%0.1%
  6.4%4.2%
  7.4%9.3%
  9.3%14.0%
  1.5%2.1%
  1.9%7.0%
  5.3%4.8%
  1.9%4.7%
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