Lenoir County, NC Economy


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Lenoir, NC County is a great place to live with lower than the national average rent costs for two bedroom properties and grocery cost index. It is a wonderful area that many people have called home for many years due to its vibrant local business and job opportunities. The local companies that offer services in Lenoir, NC county include grocery stores such as Food Lion, Wal-Mart, and Lowes Foods, health care providers like Carolinas HealthCare System Blue Ridge, numerous restaurants offering diverse cuisines, banks like BB&T and First Citizens Bank, and service providers like Frontier Communications. All of these businesses provide excellent service to the citizens of Lenoir County.

Lenoir County has an unemployment rate of 4.7%. The US average is 6.0%.

Lenoir County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Lenoir County
- The Sales Tax Rate for Lenoir County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Lenoir 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 Lenoir County
- The average income of a Lenoir County resident is $19,330 a year. The US average is $28,555 a year.
- The Median household income of a Lenoir County resident is $41,092 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLenoir, North CarolinaUnited States
  4.76
  -4.7%-6.2%
  31.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $25,473$37,638
  $41,092$69,021
  $53,682$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  8.9%6.8%
  18.7%10.0%
  2.8%2.5%
  9.4%11.0%
  3.3%4.8%
  0.2%0.8%
  0.5%1.9%
  1.4%4.7%
  1.4%1.9%
  1.8%7.6%
  0.0%0.1%
  2.1%4.2%
  7.3%9.3%
  22.8%14.0%
  0.6%2.1%
  5.7%7.0%
  5.0%4.8%
  5.0%4.7%
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