27103 Winston-Salem, NC is a great place to live with an affordable cost of living. The average 2 bedroom rent in the area is $1,040, which is significantly lower than the US average of $1,430. Additionally, grocery costs are also lower than the national average at 96 index points compared to 100. There are plenty of exciting local companies including Reynolds American Inc., BB&T Corporation and Hanes Brands Inc., making it a thriving economic hub. With its diverse culture and attractive housing market, 27103 Winston-Salem, NC is an ideal location for anyone looking for a comfortable place to call home.
Winston-Salem (zip 27103) has an unemployment rate of 5.2%. The US average is 6.0%.
Winston-Salem (zip 27103) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Winston-Salem (zip 27103)
- The Sales Tax Rate for Winston-Salem (zip 27103) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Winston-Salem (zip 27103) 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 Winston-Salem (zip 27103)
- The average income of a Winston-Salem (zip 27103) resident is $33,191 a year. The US average is $37,638 a year.
- The Median household income of a Winston-Salem (zip 27103) resident is $53,486 a year. The US average is $69,021 a year.