Craiglist North Carolina (2024)

FAQs

What is considered high income in NC? ›

While the Tar Heel State has minor setbacks when it comes to daily quality of life, the benefits of living in North Carolina far outweigh the bad! With beautiful outdoor views/activities, great job opportunities, delicious food and rich history to explore, the good times never get old when living in North Carolina.

Cost of living in NC

According to the report, single adults need about $88,317 to live comfortably and families of four need $200,762.

The NC middle class

Here's how much you would need to earn to be considered middle class in North Carolina, according to GOBankingRates: 2022 middle-class income range: $44,124 to $132,372.

In addition to being named the top place to live in North Carolina, Raleigh was also among the top 25 best cities in America, best cities to raise a family and with the best public schools in the country, according to Niche.

North Carolina has voted for the Republican candidate in all but one presidential election since 1980; the one exception was in 2008, when a plurality of North Carolinians voted for Barack Obama.

According to the study, in order to be rich in North Carolina you now need an average yearly income of $429,071. Your stomach also dropped reading that, right? This notes an increase of over 31% from North Carolina's 5% earners in 2017, which was an average income of $324,148.

Based on that figure, an annual income of $500,000 or more would make you rich. The Economic Policy Institute uses a different baseline to determine who constitutes the top 1% and the top 5%. For 2021, you're in the top 1% if you earn $819,324 or more each year. The top 5% of income earners make $335,891 per year.

North Carolina's top 1% of earners make at least $560,000 — one of the lowest thresholds in the country to be considered among the richest in a state, according to a new SmartAsset analysis of IRS tax filer data. That's nearly $100,000 less than the national average of $653,000.

What is classified as high income? ›

A high-income economy is defined by the World Bank as a country with a gross national income per capita of US$13,845 or more in 2022, calculated using the Atlas method. While the term "high-income" is often used interchangeably with "First World" and "developed country," the technical definitions of these terms differ.