The city of Charlotte, NC (zip code 28278) has an average 2 bedroom rent of $1,690, which is slightly higher than the US average of $1,430. The Grocery Cost Index in this area is 100, which is the same as the US average. Local companies in Charlotte include Bank of America, Duke Energy, Domtar Corporation, Family Dollar Stores Inc., and Honeywell International Inc. There are also many other major corporations and businesses located in this city due to its vibrant economy and diverse workforce. This makes Charlotte an attractive location for those looking to rent or buy a property due to its relatively low cost of living compared to other cities across the country.
Charlotte (zip 28278) has an unemployment rate of 4.9%. The US average is 6.0%.
Charlotte (zip 28278) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte (zip 28278)
- The Sales Tax Rate for Charlotte (zip 28278) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 28278) 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 Charlotte (zip 28278)
- The average income of a Charlotte (zip 28278) resident is $45,063 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte (zip 28278) resident is $107,998 a year. The US average is $69,021 a year.