The town of Carthage, NC (28327) offers a cheaper cost of living than the US average. The 2 bedroom rent is $670, which is approximately 50% less than the US average of $1,430. Additionally, the Grocery Cost Index is 98 versus 100 in the US, making it slightly cheaper to purchase food in Carthage. Local companies that contribute to the economic health of Carthage include Tyson Foods, Sandhills Community College and First Bank. Tyson Foods provides numerous employment opportunities for local residents as one of the largest employers in Moore County. Sandhills Community College offers quality education and job training programs for students from Carthage and surrounding areas. First Bank operates multiple branches in Moore County and provides banking services and financial guidance for individual customers and businesses alike.
Carthage (zip 28327) has an unemployment rate of 4.2%. The US average is 6.0%.
Carthage (zip 28327) has seen the job market increase by 2.3% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Carthage (zip 28327)
- The Sales Tax Rate for Carthage (zip 28327) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Carthage (zip 28327) 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 Carthage (zip 28327)
- The average income of a Carthage (zip 28327) resident is $23,289 a year. The US average is $28,555 a year.
- The Median household income of a Carthage (zip 28327) resident is $72,629 a year. The US average is $69,021 a year.