Wade, NC Economy


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Wade, NC is an affordable small town located in North Carolina. It is a great place for those looking for a place to settle down and grow their family or start a new business. The average rent for a two bedroom apartment is $880, which is significantly lower than the US average of $1,430. Additionally, Wade boasts a low grocery cost index of 95 compared to the national average of 100.
Local businesses in Wade include some of the most popular names in the area such as Walmart Supercenter, Lowe’s Home Improvement, and Food Lion. Each store provides customers with various products at reasonable prices and has kept Wade competitive with nearby towns. There is also Johnson’s Inspiration Outlet Mall, where shoppers can find quality goods from top designer brands at discounted prices - making it perfect for those on a budget.
Overall, Wade is an ideal destination for those seeking an affordable small-town lifestyle without sacrificing access to amenities or essential services. With its low rental rates and cost index grocery stores, Wade is a great place to get established and call home.

Wade has an unemployment rate of 6.5%. The US average is 6.0%.

Wade has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.

Tax Rates for Wade
- The Sales Tax Rate for Wade is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wade 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 Wade
- The average income of a Wade resident is $19,199 a year. The US average is $28,555 a year.
- The Median household income of a Wade resident is $47,083 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWade, North CarolinaUnited States
  6.56
  -6.6%-6.2%
  30.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $28,133$37,638
  $47,083$69,021
  $98,125$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.2%6.8%
  18.7%10.0%
  3.6%2.5%
  16.1%11.0%
  1.0%4.8%
  1.0%0.8%
  0.0%1.9%
  3.1%4.7%
  0.0%1.9%
  8.8%7.6%
  0.0%0.1%
  2.1%4.2%
  8.3%9.3%
  8.3%14.0%
  3.1%2.1%
  7.8%7.0%
  3.6%4.8%
  9.3%4.7%
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