Watauga County, NC Economy


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United States / North Carolina / / Watauga County / Cities / Zip Codes
Watauga County in North Carolina is an area that offers a great standard of living. The median two-bedroom rent costs $1,040 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index is 99 compared to 100 at the national level. The area also offers a wealth of amenities and local businesses for residents to explore. For example, Boone Street Market features fresh produce, locally-sourced meats and artisanal goods. There are also several outdoor activities available such as hiking at Elk Knob State Park or skiing at Appalachian Ski Mountain. Watauga has something for everyone from young families to retirees looking for a place to call home.

Watauga County has an unemployment rate of 3.4%. The US average is 6.0%.

Watauga County has seen the job market increase by 1.7% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.

Tax Rates for Watauga County
- The Sales Tax Rate for Watauga County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Watauga 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 Watauga County
- The average income of a Watauga County resident is $21,801 a year. The US average is $28,555 a year.
- The Median household income of a Watauga County resident is $48,786 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatauga, North CarolinaUnited States
  3.46
  -8.5%-6.2%
  38.6%33.5%
  6.8%6.2%
  5.3%4.6%
  $28,552$37,638
  $48,786$69,021
  $77,898$85,028
  Population by Occupation
  1.1%1.2%
  0.1%0.5%
  7.1%6.8%
  4.2%10.0%
  1.4%2.5%
  16.7%11.0%
  2.3%4.8%
  0.4%0.8%
  1.0%1.9%
  1.7%4.7%
  4.1%1.9%
  3.4%7.6%
  0.4%0.1%
  2.7%4.2%
  18.0%9.3%
  10.6%14.0%
  2.3%2.1%
  15.0%7.0%
  5.0%4.8%
  2.5%4.7%
Health