Stanly County, NC Economy


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Stanly County, NC is an attractive location for those looking to move due to its low cost of living. Rent for a two bedroom residence in the county is around $820 per month, which is much less than the US average of $1,430. This lower rental rate is complimented by the low grocery cost index in Stanly County which stands at 96 compared to 100 in the United States. With affordable housing and food costs, coupled with a close-knit community, Stanly County is proving to be an ideal place to live or visit. Local companies within Stanly County include Stanly Communications Group, West Stanly Auto Parts and Equipment, and Stanly Regional Medical Center.

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

Stanly 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 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Stanly County
- The Sales Tax Rate for Stanly County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stanly 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 Stanly County
- The average income of a Stanly County resident is $20,880 a year. The US average is $28,555 a year.
- The Median household income of a Stanly County resident is $56,462 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStanly, North CarolinaUnited States
  4.16
  -5.8%-6.2%
  37.6%33.5%
  6.8%6.2%
  5.3%4.6%
  $28,334$37,638
  $56,462$69,021
  $71,802$85,028
  Population by Occupation
  2.6%1.2%
  0.5%0.5%
  10.0%6.8%
  15.9%10.0%
  2.4%2.5%
  12.9%11.0%
  3.0%4.8%
  0.4%0.8%
  0.7%1.9%
  3.0%4.7%
  1.7%1.9%
  2.8%7.6%
  0.1%0.1%
  3.4%4.2%
  8.3%9.3%
  14.8%14.0%
  0.5%2.1%
  5.8%7.0%
  7.0%4.8%
  4.3%4.7%
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