Avery County, NC Economy


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United States / North Carolina / No Metro Area / Avery County / Cities / Zip Codes
Avery, NC County is a rural county located in the Appalachian Mountains of North Carolina. It is known for its scenic views and relaxing atmosphere, and is home to a number of small businesses and independent vendors. The cost of living in Avery, NC County is relatively low, with a two bedroom rent of only $940 compared to the US average of $1,430. Grocery costs are also lower than the national average, with an index score of 98 versus 100 in the US. Popular local companies include Avery Outfitters and Supply, which specializes in outdoor clothing and equipment; Avery Enterprise Fitness Center, which offers fitness classes and training sessions; and Avery Farm Equipment Company, which provides agricultural machinery for farmers.

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

Avery County has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Avery County
- The Sales Tax Rate for Avery County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Avery 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 Avery County
- The average income of a Avery County resident is $21,541 a year. The US average is $28,555 a year.
- The Median household income of a Avery County resident is $46,383 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAvery, North CarolinaUnited States
  4.16
  -6.6%-6.2%
  31.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $25,647$37,638
  $46,383$69,021
  $59,321$85,028
  Population by Occupation
  5.4%1.2%
  0.1%0.5%
  9.8%6.8%
  5.7%10.0%
  1.8%2.5%
  12.3%11.0%
  1.8%4.8%
  0.7%0.8%
  0.8%1.9%
  2.4%4.7%
  1.1%1.9%
  2.7%7.6%
  0.0%0.1%
  3.7%4.2%
  12.1%9.3%
  15.2%14.0%
  2.9%2.1%
  8.2%7.0%
  4.7%4.8%
  8.6%4.7%
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