Zip 27874 (Scotland Neck, NC) Economy


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27874 Scotland Neck, NC is located in Halifax County and offers a charming small town atmosphere. The area is home to many local businesses including the Scotland Neck Post Office, Piggly Wiggly grocery store, Della's Restaurant, and The Bar-B-Q Barn. 2 Bedroom Rent in this area is surprisingly low at $750 per month, which makes it an attractive place to live for those on a budget. The Grocery Cost Index in 27874 Scotland Neck is 92 compared to the US average of 100 making groceries more affordable. Attractions in the area include Scotland Neck Historic District, Lake Gaston, Warrenton Landing Park, Halifax State Recreation Area, Roanoke Canal Museum and Trail, and much more. 27874 Scotland Neck provides a tranquil setting with plenty of attractions for visitors to explore.

Scotland Neck (zip 27874) has an unemployment rate of 6.9%. The US average is 6.0%.

Scotland Neck (zip 27874) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Scotland Neck (zip 27874)
- The Sales Tax Rate for Scotland Neck (zip 27874) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Scotland Neck (zip 27874) 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 Scotland Neck (zip 27874)
- The average income of a Scotland Neck (zip 27874) resident is $20,941 a year. The US average is $28,555 a year.
- The Median household income of a Scotland Neck (zip 27874) resident is $28,513 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScotland Neck, North CarolinaUnited States
  6.96
  -6.1%-6.2%
  21.6%33.5%
  7.0%6.2%
  5.3%4.6%
  $23,205$37,638
  $28,513$69,021
  $50,000$85,028
  Population by Occupation
  8.9%1.2%
  0.0%0.5%
  1.0%6.8%
  18.0%10.0%
  3.6%2.5%
  8.2%11.0%
  10.4%4.8%
  3.1%0.8%
  0.0%1.9%
  1.9%4.7%
  1.0%1.9%
  1.6%7.6%
  0.0%0.1%
  3.4%4.2%
  4.1%9.3%
  13.7%14.0%
  0.6%2.1%
  7.4%7.0%
  2.9%4.8%
  10.2%4.7%
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