Zip 28160 (Spindale, NC) Economy


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28160 Spindale, NC is an area with a thriving economy. With businesses such as Green Creek Pharmacy, Trillium Health Care Products, and New Life Church of God, there is no shortage of job opportunities. The average rental rate for a 2 bedroom is $780 per month, making it one of the most affordable locations in North Carolina. Additionally, the Grocery Cost Index in 28160 Spindale is 92 versus 100 in the US, making it an economical choice for families looking to save money on groceries.

Spindale (zip 28160) has an unemployment rate of 6.1%. The US average is 6.0%.

Spindale (zip 28160) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Spindale (zip 28160)
- The Sales Tax Rate for Spindale (zip 28160) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Spindale (zip 28160) 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 Spindale (zip 28160)
- The average income of a Spindale (zip 28160) resident is $15,472 a year. The US average is $28,555 a year.
- The Median household income of a Spindale (zip 28160) resident is $35,578 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpindale, North CarolinaUnited States
  6.16
  -8.0%-6.2%
  23.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $23,634$37,638
  $35,578$69,021
  $48,059$85,028
  Population by Occupation
  1.4%1.2%
  0.0%0.5%
  6.3%6.8%
  18.8%10.0%
  0.8%2.5%
  20.9%11.0%
  8.7%4.8%
  0.7%0.8%
  0.3%1.9%
  1.1%4.7%
  0.3%1.9%
  1.3%7.6%
  0.0%0.1%
  1.9%4.2%
  5.7%9.3%
  16.3%14.0%
  0.0%2.1%
  10.2%7.0%
  4.8%4.8%
  0.5%4.7%
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