Zip 28622 (Elk Park, NC) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / North Carolina / No Metro Area / Avery County / Elk Park / Elk Park (zip 28622)
28622 Elk Park, NC is an area located in Avery County that offers beautiful mountain views and small town charm. This area of North Carolina has a 2 bedroom rent of $910, much lower than the national average of $1,430. The Grocery Cost Index in 28622 Elk Park, NC is 95 versus 100 in the US. Local companies include Small Town Pizza which offers handcrafted Italian dishes as well as High Country Distributing providing distribution services for local craft brewers. This area also boasts numerous recreational activities including golf courses, hiking trails, white water rafting and plenty of other outdoor activities. Residents will also enjoy shopping at nearby stores such as the Elk Park Outlet Mall and spending time at local parks such as Sugar Grove Day Use Area. 28622 Elk Park, NC is an affordable and lively place to call home.

Elk Park (zip 28622) has an unemployment rate of 4.1%. The US average is 6.0%.

Elk Park (zip 28622) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Elk Park (zip 28622)
- The Sales Tax Rate for Elk Park (zip 28622) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Elk Park (zip 28622) 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 Elk Park (zip 28622)
- The average income of a Elk Park (zip 28622) resident is $23,112 a year. The US average is $28,555 a year.
- The Median household income of a Elk Park (zip 28622) resident is $36,914 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElk Park, North CarolinaUnited States
  4.16
  -6.6%-6.2%
  31.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $22,380$37,638
  $36,914$69,021
  $48,024$85,028
  Population by Occupation
  2.8%1.2%
  0.0%0.5%
  14.3%6.8%
  7.1%10.0%
  0.6%2.5%
  15.9%11.0%
  0.7%4.8%
  1.5%0.8%
  0.4%1.9%
  3.0%4.7%
  0.2%1.9%
  1.2%7.6%
  0.0%0.1%
  2.3%4.2%
  8.1%9.3%
  19.8%14.0%
  7.6%2.1%
  3.3%7.0%
  4.0%4.8%
  7.0%4.7%
Health