Alamance County · North Carolina · South · 60k residents
Burlington, NC: economy, jobs & business costs
The site-selection read on Burlington: 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 $1,034/wk. North Carolina's corporate income tax rate is 2.25%. Commercial electricity averages 10.6¢/kWh.
Compare Burlington side by side
Avg. weekly wage
$1,034/wk
Corporate income tax
2.25%
Bachelor's degree or higher
29.6%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Burlington's economy is moving, ranked against the US cities we track.
34/100
Steady
Ranks Burlington's residential building-permit and 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 | $199,200 |
| Price per sq. ft. | $190 |
| Property tax rate | 0.82% |
| 1-bedroom rent | $1,012/mo |
| 2-bedroom rent | $1,001/mo |
| State & local income tax | 3.15% |
| Sales tax | 7% |
| Corporate income tax | 2.25% |
| Avg. weekly wage | $1,034/wk |
| Bachelor's degree or higher | 29.6% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 24.3/1k |
| Wage: Software developer | $127,570 |
| Wage: Registered nurse | $84,180 |
| Wage: General manager | $94,250 |
| Wage: Customer service | $41,040 |
| Wage: Warehouse worker | $35,620 |
| Wage: Heavy truck driver | $56,290 |
| Wage: Electrician | $51,400 |
| Wage: Retail salesperson | $29,630 |
| Cost of living index | 83 |
| 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 | $56,880 |
| Unemployment rate | 3.8% |
| Population | 60k |
| Crime index | 48/100 |
| School rating | 6.0/10 |
| Walkability | 34/100 |
| Disaster risk | 77/100 |
| Avg. commute | 25 min |
| Sunny days / year | 213 days |
| July high | 90°F |
| January low | 31°F |
| Annual snowfall | — |
| Home price YoY | +1.5% |
| Home price MoM | -0.2% |
| Rent YoY | +2.0% |
| Rent MoM | +0.7% |
| Employment (jobs) YoY | -1.7% |
| Building permits YoY | +18.7% |
| Ocean coast | 159 mi |
| Big lake | 71 mi |
| Mountains | 123 mi |
| Major airport | 27 mi |
| Ski resort | 132 mi |
Popular comparisons
Nearby
- Graham, NC · 18k
- Mebane, NC · 20k
- Greensboro, NC · 301k
- Carrboro, NC · 21k
- Chapel Hill, NC · 62k
Similar size
- Kannapolis, NC · 58k
- Huntersville, NC · 64k
- Rocky Mount, NC · 54k
- Wake Forest, NC · 53k
- Mooresville, NC · 52k
Real listings in Burlington
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Burlington 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 $1,034/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 Burlington, NC?
- Burlington indexes at 83 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,001/mo and a acs median home value of $199,200.
- How much does a house cost in Burlington?
- The acs median home value in Burlington is $199,200 (Census ACS estimate; individual listings vary).
- How much is rent in Burlington?
- A two-bedroom in Burlington rents for about $1,001/mo.