Chatham County, NC Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / North Carolina / / Chatham County / Cities / Zip Codes
Chatham, NC County is a charming area located in the south-central region of North Carolina. It has plenty to offer its residents and visitors alike. The cost of living is generally lower than the US average, with 2 bedroom rent averaging $1,320 compared to $1,430 across the country. Similarly, grocery costs are also slightly lower at 97 versus 100 nationally. This makes it a great place to live or visit on a budget.
For those seeking entertainment and attractions in Chatham, there are numerous opportunities to explore. The county is home to Jordan Lake State Recreation Area which offers a wide range of outdoor activities such as boating, fishing, camping, hiking and swimming. It is also surrounded by lush forests and rolling fields that provide great potential for wildlife viewing and photography. Additionally, there are several companies headquartered in Chatham including US Cotton LLC and North State Laboratories Inc., providing many employment opportunities for locals.

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

Chatham County has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.

Tax Rates for Chatham County
- The Sales Tax Rate for Chatham County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Chatham 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 Chatham County
- The average income of a Chatham County resident is $32,369 a year. The US average is $28,555 a year.
- The Median household income of a Chatham County resident is $76,791 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChatham, North CarolinaUnited States
  3.46
  -5.5%-6.2%
  41.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $48,143$37,638
  $76,791$69,021
  $98,889$85,028
  Population by Occupation
  1.2%1.2%
  0.1%0.5%
  8.7%6.8%
  11.9%10.0%
  1.8%2.5%
  9.3%11.0%
  2.3%4.8%
  0.8%0.8%
  1.3%1.9%
  3.0%4.7%
  1.2%1.9%
  11.2%7.6%
  0.1%0.1%
  5.5%4.2%
  11.6%9.3%
  14.7%14.0%
  0.9%2.1%
  6.1%7.0%
  5.5%4.8%
  2.9%4.7%
Health