Wilmington, NC Metro Area is an excellent option for people looking to find a place to live. With its close proximity to the coast, it offers plenty of outdoor activities and amenities. In addition to that, the 2 bedroom rent in Wilmington is significantly lower than the national average at $1,200 compared to $1,430. Even grocery costs are an affordable 100 index points compared with the US index of 100—meaning you don’t have to break the bank when it comes to food. Local companies such as Verizon Wireless and Live Oak Bank provide good job opportunities in Wilmington as well. All these factors combined make Wilmington a great place to live with an attractive cost of living.
Wilmington Metro Area has an unemployment rate of 4.1%. The US average is 6.0%.
Wilmington Metro Area has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 37.8%, which is higher than the US average of 33.5%.
Tax Rates for Wilmington Metro Area
- The Sales Tax Rate for Wilmington Metro Area is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington Metro Area 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 Wilmington Metro Area
- The average income of a Wilmington Metro Area resident is $38,607 a year. The US average is $37,638 a year.
- The Median household income of a Wilmington Metro Area resident is $63,036 a year. The US average is $69,021 a year.