Raleigh, NC (27606) is a great city for those looking to rent a two bedroom apartment at an affordable price. The average two bedroom rent in the area is $1,410, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Raleigh is 101 compared to 100 in the US, making grocery shopping more cost effective as well. Local companies located in Raleigh include Red Hat Inc., BB&T Corp., and Lenovo Group Ltd. These businesses are some of the largest employers in North Carolina, and offer residents ample job opportunities.
Raleigh (zip 27606) has an unemployment rate of 4.3%. The US average is 6.0%.
Raleigh (zip 27606) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Raleigh (zip 27606)
- The Sales Tax Rate for Raleigh (zip 27606) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27606) 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 Raleigh (zip 27606)
- The average income of a Raleigh (zip 27606) resident is $25,385 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh (zip 27606) resident is $65,133 a year. The US average is $69,021 a year.