Zip 27203 (Asheboro, NC) Economy


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The average 2-bedroom rent in Asheboro, NC (zip code 27203) is $850, which is much lower than the US Average of $1,430. The Grocery Cost Index in Asheboro is 93, compared to the US average of 100. There are many local businesses that can be found in Asheboro, such as The Family Diner, a family-run restaurant that serves classic American cuisine; Carolina Pines Inn & Spa, a luxurious hotel and spa; and Farmer's Landscape Supply & Service Inc., an outdoor supply store for homeowners.

Asheboro (zip 27203) has an unemployment rate of 6.3%. The US average is 6.0%.

Asheboro (zip 27203) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.

Tax Rates for Asheboro (zip 27203)
- The Sales Tax Rate for Asheboro (zip 27203) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Asheboro (zip 27203) 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 Asheboro (zip 27203)
- The average income of a Asheboro (zip 27203) resident is $16,151 a year. The US average is $28,555 a year.
- The Median household income of a Asheboro (zip 27203) resident is $40,350 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsheboro, North CarolinaUnited States
  6.36
  -7.5%-6.2%
  30.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $20,184$37,638
  $40,350$69,021
  $48,044$85,028
  Population by Occupation
  1.0%1.2%
  0.4%0.5%
  5.8%6.8%
  29.1%10.0%
  3.0%2.5%
  9.0%11.0%
  4.1%4.8%
  0.4%0.8%
  0.3%1.9%
  3.7%4.7%
  1.7%1.9%
  1.8%7.6%
  0.1%0.1%
  2.5%4.2%
  6.3%9.3%
  14.2%14.0%
  2.7%2.1%
  7.8%7.0%
  3.7%4.8%
  2.6%4.7%
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