Wayne County, NC Economy


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Wayne, NC County is a great place to live and work. The county is home to a variety of businesses ranging from retail stores to manufacturing companies. Major employers in the area include BB&T Bank, Wayne Community College, Goldsboro Milling Company, and Kannapolis Textiles. Despite being smaller than other counties in North Carolina, Wayne offers competitive rent prices with an average two bedroom rental costing $920 compared to the US average of $1,430. Additionally, the cost of groceries in Wayne is lower than the national average with an index score of 93 compared to 100 nationwide. With its reasonable prices and employment opportunities, Wayne makes for a great place to live for many individuals and families.

Wayne County has an unemployment rate of 4.8%. The US average is 6.0%.

Wayne County has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Wayne County
- The Sales Tax Rate for Wayne County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Wayne 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 Wayne County
- The average income of a Wayne County resident is $21,818 a year. The US average is $28,555 a year.
- The Median household income of a Wayne County resident is $49,488 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWayne, North CarolinaUnited States
  4.86
  -5.5%-6.2%
  23.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $27,684$37,638
  $49,488$69,021
  $62,958$85,028
  Population by Occupation
  3.7%1.2%
  0.1%0.5%
  5.8%6.8%
  14.2%10.0%
  2.9%2.5%
  12.8%11.0%
  3.7%4.8%
  1.0%0.8%
  0.9%1.9%
  2.5%4.7%
  0.9%1.9%
  3.8%7.6%
  0.0%0.1%
  3.9%4.2%
  9.1%9.3%
  14.0%14.0%
  1.2%2.1%
  7.7%7.0%
  5.6%4.8%
  6.4%4.7%
Health