Polk County, NC Economy


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United States / North Carolina / No Metro Area / Polk County / Cities / Zip Codes
Polk County, North Carolina is a great place to live for those who are looking for an affordable lifestyle. It is home to several large businesses such as Duke Energy, Ingles Markets, and Tryon International Equestrian Center. Rent in the county is much lower than the national average for 2 bedrooms at $920 compared to $1,430 in the US. Grocery costs are also low with an index of 99 versus 100 in the US. The cost of living and diverse activities make Polk County an attractive option for those seeking a comfortable lifestyle.

Polk County has an unemployment rate of 4.3%. The US average is 6.0%.

Polk County has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.

Tax Rates for Polk County
- The Sales Tax Rate for Polk County is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Polk 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 Polk County
- The average income of a Polk County resident is $26,686 a year. The US average is $28,555 a year.
- The Median household income of a Polk County resident is $55,058 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPolk, North CarolinaUnited States
  4.36
  -5.0%-6.2%
  33.9%33.5%
  6.8%6.2%
  5.3%4.6%
  $33,485$37,638
  $55,058$69,021
  $71,727$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  9.0%6.8%
  12.3%10.0%
  1.6%2.5%
  11.8%11.0%
  2.4%4.8%
  0.8%0.8%
  1.6%1.9%
  3.5%4.7%
  3.6%1.9%
  5.3%7.6%
  0.0%0.1%
  3.8%4.2%
  8.0%9.3%
  17.1%14.0%
  2.2%2.1%
  5.3%7.0%
  6.7%4.8%
  2.0%4.7%
Health