Edgecombe, NC County is a great place to live and work. The cost of living here is much more affordable than the US average - 2 bedroom rent is $890 compared to the US average of $1430 and the Grocery Cost Index is 91 versus 100 in the US. Edgecombe, NC County has a diverse economy with several major companies such as Conagra Brands, Duke Energy Progress, and MacGregor Downs Country Club. There are also many local businesses that offer residents a wide range of services from restaurants to auto repair shops to grocery stores. The people of Edgecombe, NC County are friendly and welcoming to newcomers and established locals alike.
Edgecombe County has an unemployment rate of 7.5%. The US average is 6.0%.
Edgecombe County has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 15.2%, which is lower than the US average of 33.5%.
Tax Rates for Edgecombe County
- The Sales Tax Rate for Edgecombe County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Edgecombe 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 Edgecombe County
- The average income of a Edgecombe County resident is $17,652 a year. The US average is $28,555 a year.
- The Median household income of a Edgecombe County resident is $41,974 a year. The US average is $69,021 a year.