Zip 27214 (Browns Summit, NC) Economy


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27214 Browns Summit, NC is a great place to live for those seeking an affordable place to rent. 2-bedroom apartments in the area are available for around $1,030 per month, which is significantly lower than the US average of $1,430. Grocery costs in this area also tend to be cheaper than the national average; with a Grocery Cost Index of 96 compared to 100 in the US. There are many local businesses that call 27214 Browns Summit home such as Karen’s Katering, Finnegan’s Fitness Center and Jenniffer’s Daycare. The community also boasts a variety of local restaurants, retail stores and other small businesses.

Browns Summit (zip 27214) has an unemployment rate of 5.6%. The US average is 6.0%.

Browns Summit (zip 27214) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 31.5%, which is lower than the US average of 33.5%.

Tax Rates for Browns Summit (zip 27214)
- The Sales Tax Rate for Browns Summit (zip 27214) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Browns Summit (zip 27214) 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 Browns Summit (zip 27214)
- The average income of a Browns Summit (zip 27214) resident is $23,182 a year. The US average is $28,555 a year.
- The Median household income of a Browns Summit (zip 27214) resident is $66,493 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBrowns Summit, North CarolinaUnited States
  5.66
  -7.6%-6.2%
  31.5%33.5%
  6.8%6.2%
  5.3%4.6%
  $34,201$37,638
  $66,493$69,021
  $79,831$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  5.5%6.8%
  10.0%10.0%
  5.1%2.5%
  14.4%11.0%
  7.8%4.8%
  1.2%0.8%
  1.8%1.9%
  6.7%4.7%
  1.0%1.9%
  3.9%7.6%
  0.0%0.1%
  5.8%4.2%
  10.8%9.3%
  12.6%14.0%
  2.3%2.1%
  5.8%7.0%
  1.3%4.8%
  1.6%4.7%
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