New Hanover County, NC Economy


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United States / North Carolina / / New Hanover County / Cities / Zip Codes
equestId":"6d1e47bf-2c74-4b1c-8dc6-b80c761a3cd7","resource":"content","data":[{"id":"txt_249a12b7071b4a6eac9bd9bd17a29ee6","text":", at least 3\nThe county of New Hanover, NC is a vibrant and diverse area with countless opportunities for entertainment and leisure. Local companies in the area include GE Hitachi Nuclear Energy, which provides clean energy solutions; Harris Teeter, a grocery chain with multiple convenient locations; and Wilmington International Airport, where travelers can get to their destinations quickly. There are also numerous attractions such as the Airlie Gardens and the North Carolina Aquarium at Fort Fisher. With an index score of 102 in terms of grocery cost (versus 100 for the US) and an average 2 bedroom rent rate of $1,260, New Hanover offers more than just entertainment – it’s affordable too. There’s something for everyone in this county!

New Hanover County has an unemployment rate of 4.1%. The US average is 6.0%.

New Hanover County 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 37.5%, which is higher than the US average of 33.5%.

Tax Rates for New Hanover County
- The Sales Tax Rate for New Hanover County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for New Hanover 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 New Hanover County
- The average income of a New Hanover County resident is $29,742 a year. The US average is $28,555 a year.
- The Median household income of a New Hanover County resident is $62,362 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew Hanover, North CarolinaUnited States
  4.16
  -6.1%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $39,934$37,638
  $62,362$69,021
  $86,276$85,028
  Population by Occupation
  0.3%1.2%
  0.1%0.5%
  6.9%6.8%
  6.8%10.0%
  2.3%2.5%
  12.2%11.0%
  2.6%4.8%
  0.8%0.8%
  2.9%1.9%
  4.2%4.7%
  3.2%1.9%
  8.7%7.6%
  0.2%0.1%
  4.4%4.2%
  9.2%9.3%
  14.3%14.0%
  2.6%2.1%
  9.9%7.0%
  5.6%4.8%
  2.8%4.7%
Health