Dare County, NC Economy


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Dare County, NC is a great place to live for those looking for an affordable and comfortable lifestyle. The average two-bedroom rent is $1,150 compared to the US average of $1,430. It also offers a low cost of living with the grocery cost index being 101 versus the national average of 100. Dare County is home to many local businesses such as Bodie Island Outfitters, Realo Pharmacy & Discount Drugs, and Dare Education Center. With plenty of things to do and places to explore, Dare County is a wonderful choice for anyone looking for an enjoyable and affordable place to call home.

Dare County has an unemployment rate of 7.5%. The US average is 6.0%.

Dare County has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Dare County
- The Sales Tax Rate for Dare County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Dare 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 Dare County
- The average income of a Dare County resident is $30,958 a year. The US average is $28,555 a year.
- The Median household income of a Dare County resident is $69,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDare, North CarolinaUnited States
  7.56
  -8.5%-6.2%
  25.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $41,148$37,638
  $69,500$69,021
  $86,875$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  11.4%6.8%
  5.1%10.0%
  1.2%2.5%
  14.1%11.0%
  1.8%4.8%
  0.7%0.8%
  0.7%1.9%
  2.6%4.7%
  6.0%1.9%
  7.7%7.6%
  0.1%0.1%
  3.8%4.2%
  8.8%9.3%
  6.4%14.0%
  3.5%2.1%
  13.8%7.0%
  4.8%4.8%
  5.2%4.7%
Health