Zip 27954 (Manteo, NC) Economy


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Manteo, NC is a small town located in Dare County in the Outer Banks of North Carolina. It has a population of approximately 2,600 people as of 2019. The average rent for a two-bedroom apartment in Manteo is $1,360 per month, which is lower than the national average rent of $1,430. Additionally, the grocery cost index in Manteo is also lower than the national average, making it an attractive place to live for those looking for more affordable living costs.
Manteo is home to many local businesses such as PNC Bank and Food Lion Grocery Stores. There are also several local restaurants such as Longboard's Island Grill and Aqua Restaurant & Lounge that offer great food and drinks. Other popular activities include visiting the Roanoke Island Festival Park, exploring Jennette's Pier, or going on one of the many boat tours available at Pirate's Cove Marina. With its beautiful beaches and friendly local businesses and attractions, Manteo offers something for everyone to enjoy!

Manteo (zip 27954) has an unemployment rate of 7.5%. The US average is 6.0%.

Manteo (zip 27954) has seen the job market decrease by -8.5% over the last year. Future job growth over the next ten years is predicted to be 25.0%, which is lower than the US average of 33.5%.

Tax Rates for Manteo (zip 27954)
- The Sales Tax Rate for Manteo (zip 27954) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Manteo (zip 27954) 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 Manteo (zip 27954)
- The average income of a Manteo (zip 27954) resident is $36,111 a year. The US average is $37,638 a year.
- The Median household income of a Manteo (zip 27954) resident is $57,816 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyManteo, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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