Zip 28114 (Mooresboro, NC) Economy


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Mooresboro, NC (28114) is a small town located in Cleveland County with a population of around 500 residents. The median 2 bedroom rent in Mooresboro is $790 which is significantly lower than the national average of $1,430. Grocery cost index in Mooresboro is 93 compared to 100 for the United States making it affordable to food shop for families living there.
There are several local companies that offer employment opportunities within its city limits such as the Mooresboro Cotton Mill, Allied Glass Products, JTI Tobacco, and Precision Machine Works. These companies provide great employment opportunities for individuals looking to work in manufacturing, production and various other types of jobs. Additionally, several retail stores are located near by such as Dollar General and Food Lion which help to provide additional job opportunities for those living in the area.

Mooresboro (zip 28114) has an unemployment rate of 5.1%. The US average is 6.0%.

Mooresboro (zip 28114) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.

Tax Rates for Mooresboro (zip 28114)
- The Sales Tax Rate for Mooresboro (zip 28114) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Mooresboro (zip 28114) 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 Mooresboro (zip 28114)
- The average income of a Mooresboro (zip 28114) resident is $19,723 a year. The US average is $28,555 a year.
- The Median household income of a Mooresboro (zip 28114) resident is $51,490 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMooresboro, North CarolinaUnited States
  5.16
  -5.3%-6.2%
  37.0%33.5%
  6.8%6.2%
  5.3%4.6%
  $23,575$37,638
  $51,490$69,021
  $68,207$85,028
  Population by Occupation
  0.8%1.2%
  0.2%0.5%
  5.1%6.8%
  23.2%10.0%
  1.8%2.5%
  10.8%11.0%
  7.4%4.8%
  1.6%0.8%
  2.9%1.9%
  0.7%4.7%
  2.4%1.9%
  1.5%7.6%
  0.0%0.1%
  5.5%4.2%
  5.8%9.3%
  13.1%14.0%
  0.6%2.1%
  5.0%7.0%
  7.3%4.8%
  4.3%4.7%
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