Wilmington, NC is a beautiful coastal city with a lot to offer. It's two-bedroom rental costs are more affordable than the US average at $1,260 compared to $1,430. Not only that but grocery costs in Wilmington are also cheaper than the national average according to the Grocery Cost Index of 100 versus 100 in the US. This makes Wilmington an ideal location for those looking to save money while still enjoying all of what the city has to offer.
Wilmington is home to some great companies such as Corning, PPD Inc., and Live Oak Bank. The city is also known for its many attractions like Airlie Gardens, Jungle Rapids Family Fun Park and Carolina Beach Boardwalk. There’s something for everyone in Wilmington - from delicious restaurants, unique stores, cultural festivals and historical landmarks. Whether you’re looking for an outdoor adventure or a relaxing getaway, there’s always something new and exciting happening in Wilmington!
Wilmington has an unemployment rate of 4.3%. The US average is 6.0%.
Wilmington has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Wilmington
- The Sales Tax Rate for Wilmington is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington 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 Wilmington
- The average income of a Wilmington resident is $29,225 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington resident is $54,066 a year. The US average is $69,021 a year.