28453 Magnolia, NC is a great place to live with plenty of amenities and local businesses to enjoy. With an average 2 bedroom rent of $830, it's much more affordable than the US average of $1,430. There are many great grocery stores in the area, with a Grocery Cost Index at 93 compared to the US average of 100. Local businesses include Magnolia Marketplace which houses numerous stores like Walmart and restaurants such as Bojangles. The town also has rich cultural heritage with several museums nearby including the Duplin County Museum and Veterans Memorial Park. Finally, for outdoor activities there are several scenic parks and trails perfect for walking or biking.
Magnolia (zip 28453) has an unemployment rate of 4.1%. The US average is 6.0%.
Magnolia (zip 28453) has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 13.9%, which is lower than the US average of 33.5%.
Tax Rates for Magnolia (zip 28453)
- The Sales Tax Rate for Magnolia (zip 28453) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Magnolia (zip 28453) 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 Magnolia (zip 28453)
- The average income of a Magnolia (zip 28453) resident is $16,112 a year. The US average is $28,555 a year.
- The Median household income of a Magnolia (zip 28453) resident is $43,547 a year. The US average is $69,021 a year.