Question: How much do you need to make to live in Wilmington NC?

What is the average cost of living in Wilmington NC?

Wilmington cost of living is 97.5COST OF LIVINGWilmingtonNorth CarolinaGrocery99.996.5Health122.3107.5Housing99.781Median Home Cost$288,100$242,3004 more rows

Is Wilmington NC expensive to live?

The cost of living in Wilmington is very reasonable and is actually 4% lower than the national average. Housing costs in the area are one of the highest factors when considering the cost of living but some below-average costs are groceries, utilities, and transportation.

What is a livable wage in NC?

Living Wage Calculation for North Carolina1 ADULT2 ADULTS (1 WORKING)0 Children2 ChildrenLiving Wage$14.72$31.26Poverty Wage$6.13$12.60Minimum Wage$7.25$7.25

How much do you need to make to live comfortably in Wilmington NC?

Typical Expenses1 ADULT0 Children3 ChildrenOther$2,875$6,216Required annual income after taxes$23,483$82,200Annual taxes$5,779$20,2307 more rows

What is middle class income in NC?

$22,507 per year North Carolina households must make at least $22,507 to reach middle class, study finds. (The Center Square) – In North Carolina, households must earn a minimum of $22,507 per year to be considered middle class, with the upper earnings boundary set at $104,011, according to a new 24/7 Wall St. analysis.

What is minimum wage in Wilmington NC?

The minimum wage in North Carolina is currently $7.25 an hour. Employers doing business in North Carolina are required to pay at least $7.25 per hour to all employees (agricultural and domestic employees are subject to the federal minimum wage).

What is the median salary in Wilmington NC?

Income and Salaries for Wilmington - The average income of a Wilmington resident is $29,225 a year. The US average is $28,555 a year. - The Median household income of a Wilmington resident is $42,130 a year. The US average is $53,482 a year.

Is Wilmington NC A nice place to live?

Wilmington is in New Hanover County and is one of the best places to live in North Carolina. In Wilmington there are a lot of restaurants, coffee shops, and parks. Many young professionals live in Wilmington and residents tend to have moderate political views. The public schools in Wilmington are highly rated.

What is considered upper income 2020?

Those making less than $39,500 make up the lower-income bracket, while those making more than $118,000 make up the upper-income bracket.

What states have a $15 an hour minimum wage?

Legislation has passed recently in multiple states that significantly raises the minimum wage. California, Illinois, and Massachusetts are all set to raise their minimum wages to $15.00 per hour by January 1, 2023, for California and Massachusetts and by 2025 for Illinois.

What is the racial makeup of Wilmington North Carolina?

Wilmington Demographics White: 76.50% Black or African American: 18.44% Two or more races: 2.29% Asian: 1.35%

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