Zip 27610 (Raleigh, NC) Economy


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Raleigh, NC (27610) is a great place to live. It has a reasonably priced cost of living, with the average 2 Bedroom Rent in Raleigh being only $1,250 - slightly lower than the US average of $1,430. The Grocery Cost Index is also lower at 97 versus 100 in the US. There are several popular companies in the area, such as Red Hat, Cree Inc., and SAS Institute, that provide plenty of job opportunities for residents. All in all, there's plenty to offer when it comes to employment and financial stability in Raleigh.

Raleigh (zip 27610) has an unemployment rate of 4.3%. The US average is 6.0%.

Raleigh (zip 27610) 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 27610)
- The Sales Tax Rate for Raleigh (zip 27610) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27610) 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 27610)
- The average income of a Raleigh (zip 27610) resident is $19,207 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh (zip 27610) resident is $58,177 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaleigh, North CarolinaUnited States
  4.36
  -5.2%-6.2%
  44.2%33.5%
  7.3%6.2%
  5.3%4.6%
  $24,905$37,638
  $58,177$69,021
  $66,239$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  8.6%6.8%
  5.7%10.0%
  1.9%2.5%
  12.8%11.0%
  6.4%4.8%
  1.0%0.8%
  2.5%1.9%
  4.4%4.7%
  2.3%1.9%
  5.0%7.6%
  0.0%0.1%
  3.9%4.2%
  6.1%9.3%
  14.8%14.0%
  2.0%2.1%
  10.0%7.0%
  4.4%4.8%
  7.8%4.7%
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