Zip 28127 (New London, NC) Economy


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New London, NC (zip code 28127) is a quaint town located in Stanly County with an average 2 bedroom rent of $810 per month making it more affordable than the US average of $1,430. Its grocery cost index also sits at 96 versus 100 in the US. New London is home to many local businesses such as Stanley Electric Co-op and Stanly Regional Medical Center. It is also known for outdoor recreation and scenery featuring the Uwharrie National Forest and Morrow Mountain State Park. Visitors can enjoy hiking trails, scenic overlooks, fishing, camping and even horseback riding. There are also several community parks that offer playgrounds, pavilions and athletic fields for sports like soccer and baseball. With all these attractions available year-round, New London is an ideal spot to visit or raise a family.

New London (zip 28127) has an unemployment rate of 4.1%. The US average is 6.0%.

New London (zip 28127) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for New London (zip 28127)
- The Sales Tax Rate for New London (zip 28127) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for New London (zip 28127) 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 New London (zip 28127)
- The average income of a New London (zip 28127) resident is $39,005 a year. The US average is $37,638 a year.
- The Median household income of a New London (zip 28127) resident is $70,338 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNew London, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock1.9%
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    Unlock1.9%
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    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
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