Asheboro, NC (zip code 27205) is an attractive locale for those looking for a reasonably priced place to live. The average two bedroom rent in Asheboro is $920, far lower than the US average of $1,430. In addition to low costs of living, Asheboro provides residents with numerous amenities. Shopping in the area includes big box stores such as Walmart and Target, as well as locally owned businesses such as JEM Automotive Supply, Inc. and Central Carolina Upholstery & Supply Co.. Additionally, Asheboro boasts several local restaurants including Carolina Pines Café and Finz Grill & Bar. Grocery costs are also affordable; the grocery cost index in Asheboro stands at 95 versus 100 in the US. With its reasonable prices and excellent amenities, Asheboro is an ideal destination for anyone looking for a new home or vacation spot.
Asheboro (zip 27205) has an unemployment rate of 6.3%. The US average is 6.0%.
Asheboro (zip 27205) 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 27205)
- The Sales Tax Rate for Asheboro (zip 27205) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Asheboro (zip 27205) 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 27205)
- The average income of a Asheboro (zip 27205) resident is $21,879 a year. The US average is $28,555 a year.
- The Median household income of a Asheboro (zip 27205) resident is $57,600 a year. The US average is $69,021 a year.