The town of Bennett, North Carolina (zip code 27208) is a small but growing community located near the city of Durham. With its close proximity to major cities such as Raleigh and Chapel Hill, residents of Bennett enjoy easy access to employment opportunities, shopping and entertainment. Two-bedroom rent in Bennett is approximately $1,100 per month, significantly less than the US average two-bedroom rent of $1,430. Furthermore, the cost of groceries in Bennett is 95 on the Grocery Cost Index compared to 100 in the US.
Bennett's local economy offers various possibilities for employment. The most prominent employers are Triangle Aquatic Center, Corning Incorporated and John Deere Landscapes. In addition to these larger companies there are several family-owned businesses that offer opportunities for work in retail, services and construction. All these companies provide valuable employment for those living in Bennett and contribute to the continued growth of this community.
Bennett (zip 27208) has an unemployment rate of 3.4%. The US average is 6.0%.
Bennett (zip 27208) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 41.8%, which is higher than the US average of 33.5%.
Tax Rates for Bennett (zip 27208)
- The Sales Tax Rate for Bennett (zip 27208) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bennett (zip 27208) 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 Bennett (zip 27208)
- The average income of a Bennett (zip 27208) resident is $18,149 a year. The US average is $28,555 a year.
- The Median household income of a Bennett (zip 27208) resident is $52,200 a year. The US average is $69,021 a year.