Zip 27803 (Rocky Mount, NC) Economy


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27803 Rocky Mount, NC is a great place to live given its cost of living and local offerings. The average 2-bedroom rent in this area is $940, which is lower than the national average of $1,430 making it a relatively affordable option for those looking for an enjoyable place to live. Grocery costs in this area are also below the national average with an index of 95 versus 100 in the US. Additionally, Rocky Mount has plenty of local attractions including Reclining Rock Park and Battle Park Nature Trail along with shopping centers like Golden East Crossing Mall and lots of eateries such as Bones Steakhouse & Oyster Bar. There are many companies located in Rocky Mount NC such as Vidant Health, Nash UNC Healthcare System, WakeMed Health & Hospitals and BB&T Corporation that offer employment opportunities for residents. In conclusion, 27803 Rocky Mount, NC offers a favorable cost of living with plenty of activities and businesses nearby making it a desirable place to call home.

Rocky Mount (zip 27803) has an unemployment rate of 8.4%. The US average is 6.0%.

Rocky Mount (zip 27803) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 17.3%, which is lower than the US average of 33.5%.

Tax Rates for Rocky Mount (zip 27803)
- The Sales Tax Rate for Rocky Mount (zip 27803) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Rocky Mount (zip 27803) 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 Rocky Mount (zip 27803)
- The average income of a Rocky Mount (zip 27803) resident is $24,836 a year. The US average is $28,555 a year.
- The Median household income of a Rocky Mount (zip 27803) resident is $51,018 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRocky Mount, North CarolinaUnited States
  8.46
  -6.9%-6.2%
  17.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $32,476$37,638
  $51,018$69,021
  $64,679$85,028
  Population by Occupation
  0.4%1.2%
  0.7%0.5%
  10.5%6.8%
  17.3%10.0%
  3.7%2.5%
  13.7%11.0%
  5.1%4.8%
  0.4%0.8%
  0.9%1.9%
  8.0%4.7%
  1.4%1.9%
  3.8%7.6%
  0.0%0.1%
  1.8%4.2%
  5.0%9.3%
  12.5%14.0%
  0.8%2.1%
  5.9%7.0%
  4.0%4.8%
  4.0%4.7%
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