Zip 28510 (Arapahoe, NC) Economy


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28510 Arapahoe, NC is an ideal location for those looking to save money on rent and groceries. The 2 Bedroom Rent in the area is significantly lower than the US average, at just $1,010. Additionally, the Grocery Cost Index in 28510 Arapahoe is 100 versus 100 in the US. There are plenty of local companies and attractions that make living there worthwhile. Some popular local businesses include True Value Hardware, Orange Blossom Cafe and Piney Mountain Country Store. As for attractions, visitors can enjoy fishing at Creswell Park or take a boat ride on Lake Phelps. There are also many parks nearby such as Bay Tree Lake Park which has lovely walking trails and picnic areas. With its affordable cost of living and friendly atmosphere, 28510 Arapahoe is a great place to call home!

Arapahoe (zip 28510) has an unemployment rate of 4.2%. The US average is 6.0%.

Arapahoe (zip 28510) has seen the job market decrease by -5.4% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Arapahoe (zip 28510)
- The Sales Tax Rate for Arapahoe (zip 28510) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Arapahoe (zip 28510) 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 Arapahoe (zip 28510)
- The average income of a Arapahoe (zip 28510) resident is $37,159 a year. The US average is $37,638 a year.
- The Median household income of a Arapahoe (zip 28510) resident is $55,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyArapahoe, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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