Wallburg, NC Economy


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Wallburg, NC is an excellent place to live for those looking for a more affordable lifestyle. The average two bedroom rent in Wallburg is $950 which is significantly less than the national average of $1,430. Grocery cost index in Wallburg versus the rest of the US is also quite favorable as it stands at 95 compared to 100 throughout the US. Companies operating locally include Wallburg Pizza Company, Wallburg Dairy Farm, and Wallburg Electronics Store among many others. The town has something to offer for everyone with its great local businesses and affordability.

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

Wallburg has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.

Tax Rates for Wallburg
- The Sales Tax Rate for Wallburg is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wallburg 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 Wallburg
- The average income of a Wallburg resident is $26,386 a year. The US average is $28,555 a year.
- The Median household income of a Wallburg resident is $83,011 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWallburg, North CarolinaUnited States
  4.46
  -6.9%-6.2%
  34.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $38,185$37,638
  $83,011$69,021
  $97,792$85,028
  Population by Occupation
  0.0%1.2%
  1.4%0.5%
  6.5%6.8%
  14.1%10.0%
  5.0%2.5%
  9.9%11.0%
  2.1%4.8%
  1.5%0.8%
  0.6%1.9%
  3.5%4.7%
  1.3%1.9%
  4.6%7.6%
  0.0%0.1%
  2.8%4.2%
  11.8%9.3%
  15.0%14.0%
  0.7%2.1%
  3.5%7.0%
  10.5%4.8%
  5.4%4.7%
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