Burke County, NC Economy


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Burke County, NC is a great place to call home. With a 2 bedroom rent of only $790, it is one of the most affordable places to live in the country. The Grocery Cost Index is also quite low, sitting at 95 compared to the US average of 100. There are plenty of local companies and businesses that make Burke County a great place to live and work. For example, there are many small businesses such as restaurants, retail stores, bars, banks and even healthcare centers. Other larger employers in the area include Duke Energy, Mission Health System and Lowe's Home Improvement Warehouse. The combination of these local companies and businesses makes Burke County an attractive community for those looking for employment opportunities and a high quality of life.

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

Burke County 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 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Burke County
- The Sales Tax Rate for Burke County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Burke County 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 Burke County
- The average income of a Burke County resident is $20,346 a year. The US average is $28,555 a year.
- The Median household income of a Burke County resident is $48,142 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBurke, North CarolinaUnited States
  4.46
  -6.4%-6.2%
  37.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $27,524$37,638
  $48,142$69,021
  $61,317$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  5.3%6.8%
  23.8%10.0%
  2.4%2.5%
  10.9%11.0%
  2.8%4.8%
  0.6%0.8%
  0.9%1.9%
  1.7%4.7%
  1.0%1.9%
  3.3%7.6%
  0.0%0.1%
  2.6%4.2%
  7.4%9.3%
  15.9%14.0%
  1.0%2.1%
  8.7%7.0%
  4.5%4.8%
  5.8%4.7%
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