Westport, NC Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Westport, NC is a small town located in North Carolina, with a population of approximately 2,000 people. It is known for its tight-knit community and stands out for having one of the lowest rent prices across the country when it comes to two-bedroom apartments, which are $1,030 on average. This makes Westport an ideal spot for those looking for more affordable housing. Additionally, the cost of living in Westport is lower than the national average due to the Grocery Cost Index being 102 compared to 100 nationally.
As far as businesses go, there are several local companies that have made a name for themselves in this area. Such companies include Westport Motors Inc., where you can find new and used cars; Southern Furniture Company offering high quality furniture; and K & G Auto Repair providing reliable auto maintenance services. In all, Westport is an inviting little town that offers plenty of amenities along with affordable housing options.

Westport has an unemployment rate of 3.9%. The US average is 6.0%.

Westport 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 41.5%, which is higher than the US average of 33.5%.

Tax Rates for Westport
- The Sales Tax Rate for Westport is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Westport 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 Westport
- The average income of a Westport resident is $51,827 a year. The US average is $28,555 a year.
- The Median household income of a Westport resident is $122,768 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestport, North CarolinaUnited States
  3.96
  -5.5%-6.2%
  41.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $59,031$37,638
  $122,768$69,021
  $141,010$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  18.5%10.0%
  2.7%2.5%
  6.9%11.0%
  5.7%4.8%
  3.9%0.8%
  0.7%1.9%
  10.1%4.7%
  0.9%1.9%
  15.7%7.6%
  0.0%0.1%
  0.9%4.2%
  7.0%9.3%
  16.0%14.0%
  0.6%2.1%
  1.0%7.0%
  2.1%4.8%
  2.4%4.7%
Health
Compare Westport, NC
cost of living
Compare food, housing, utilities, and more in Westport, North Carolina to any other city in the US.