Richmond County, NC Economy


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United States / North Carolina / / Richmond County / Cities / Zip Codes
Richmond, NC County is an affordable place to live with an average 2 Bedroom Rent of $770, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Richmond, NC County is 93 compared to 100 in the United States. This makes Richmond a great option for those looking for a cost-effective place to live. Richmond is home to many great companies including CrossRoads Harley-Davidson, Leath Furniture Company and Atrium Health. There are also many local shops and restaurants that make this county an attractive location for people looking for the perfect balance between affordability and quality of life.

Richmond County has an unemployment rate of 6.7%. The US average is 6.0%.

Richmond County has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 22.5%, which is lower than the US average of 33.5%.

Tax Rates for Richmond County
- The Sales Tax Rate for Richmond County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Richmond 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 Richmond County
- The average income of a Richmond County resident is $17,982 a year. The US average is $28,555 a year.
- The Median household income of a Richmond County resident is $38,926 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRichmond, North CarolinaUnited States
  6.76
  -4.6%-6.2%
  22.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $22,088$37,638
  $38,926$69,021
  $56,185$85,028
  Population by Occupation
  4.8%1.2%
  0.3%0.5%
  6.0%6.8%
  16.7%10.0%
  2.1%2.5%
  12.1%11.0%
  4.3%4.8%
  1.2%0.8%
  0.6%1.9%
  2.2%4.7%
  0.7%1.9%
  1.7%7.6%
  0.0%0.1%
  2.9%4.2%
  11.2%9.3%
  14.6%14.0%
  1.1%2.1%
  6.0%7.0%
  6.8%4.8%
  4.8%4.7%
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