Zip 28654 (Moravian Falls, NC) Economy


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The small town of Moravian Falls, NC (zip code 28654) is a wonderful place to live. The 2 bedroom rent in this area is $850 - much lower than the national average of $1,430. Additionally, the grocery cost index here is 96 compared to 100 in the US, making it a great place to save money on groceries as well.
Moravian Falls offers many businesses and services that benefit the community. Wilkes County Commissioner's Office, Carwood Farms Grocery & Market, and G&E Appliance Repair are just some of the local businesses that make up Moravian Falls’ economy. There are also many resources for those seeking employment as well as local healthcare organizations such as Carolina Caring and Wilkes Medical Center.

Moravian Falls (zip 28654) has an unemployment rate of 4.4%. The US average is 6.0%.

Moravian Falls (zip 28654) has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Moravian Falls (zip 28654)
- The Sales Tax Rate for Moravian Falls (zip 28654) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Moravian Falls (zip 28654) 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 Moravian Falls (zip 28654)
- The average income of a Moravian Falls (zip 28654) resident is $20,260 a year. The US average is $28,555 a year.
- The Median household income of a Moravian Falls (zip 28654) resident is $43,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMoravian Falls, North CarolinaUnited States
  4.46
  -6.6%-6.2%
  37.5%33.5%
  7.0%6.2%
  5.3%4.6%
  $31,105$37,638
  $43,571$69,021
  $48,723$85,028
  Population by Occupation
  3.7%1.2%
  0.0%0.5%
  11.3%6.8%
  13.3%10.0%
  0.0%2.5%
  13.1%11.0%
  0.0%4.8%
  0.0%0.8%
  12.6%1.9%
  2.9%4.7%
  1.8%1.9%
  8.1%7.6%
  0.0%0.1%
  6.9%4.2%
  2.9%9.3%
  13.0%14.0%
  3.4%2.1%
  1.4%7.0%
  3.9%4.8%
  1.8%4.7%
Health