Stanly County · North Carolina · South · 17k residents
Albemarle, NC: economy, jobs & business costs
The site-selection read on Albemarle: labor costs, talent, corporate tax, energy, and business activity, with the North Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $917/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Albemarle side by side
Avg. weekly wage
$917/wk
Corporate income tax
2.25%
Bachelor's degree or higher
20.4%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Albemarle's economy is moving, ranked against the US cities we track.
95/100
Heating
Ranks Albemarle's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $204,800 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.82% |
| 1-bedroom rent | $569/mo |
| 2-bedroom rent | $871/mo |
| State & local income tax | 3.15% |
| Sales tax | 7% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $917/wk |
| Bachelor's degree or higher | 20.4% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 25.9/1k |
| Wage: Software developer | $134,710 |
| Wage: Registered nurse | $84,350 |
| Wage: General manager | $101,950 |
| Wage: Customer service | $40,240 |
| Wage: Warehouse worker | $35,950 |
| Wage: Heavy truck driver | $51,530 |
| Wage: Electrician | $56,800 |
| Wage: Retail salesperson | $31,370 |
| Cost of living index | 81 |
| Groceries index | 98 |
| Utilities | $155/mo |
| Transit pass | $55/mo |
| Gas price | $3.05/gal |
| Healthcare index | 100 |
| Childcare (per child) | $1,050/mo |
| Median household income | $46,881 |
| Unemployment rate | 3.8% |
| Population | 17k |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 30/100 |
| Disaster risk | 59/100 |
| Avg. commute | 25 min |
| Sunny days / year | 213 days |
| July high | 89°F |
| January low | 31°F |
| Annual snowfall | 1 in |
| Home price YoY | +0.7% |
| Home price MoM | 0.0% |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | +3.1% |
| Building permits YoY | — |
| Ocean coast | 137 mi |
| Big lake | 43 mi |
| Mountains | 104 mi |
| Major airport | 43 mi |
| Ski resort | 108 mi |
Popular comparisons
Nearby
- Concord, NC · 109k
- Harrisburg, NC · 20k
- Salisbury, NC · 36k
- Kannapolis, NC · 58k
- Mint Hill, NC · 28k
Similar size
- Stallings, NC · 17k
- Southern Pines, NC · 16k
- Murraysville, NC · 16k
- Morganton, NC · 18k
- Havelock, NC · 18k
Real listings in Albemarle
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Albemarle a good place to run a business?
- North Carolina's corporate income tax rate is 2.25%; average weekly wages in the surrounding labor market run $917/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Albemarle, NC?
- Albemarle indexes at 81 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $871/mo and a acs median home value of $204,800.
- How much does a house cost in Albemarle?
- The acs median home value in Albemarle is $204,800 (Census ACS estimate; individual listings vary).
- How much is rent in Albemarle?
- A two-bedroom in Albemarle rents for about $871/mo.