Zip 28422 (Bolivia, NC) Economy


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Bolivia, North Carolina is a small rural community located in Brunswick County. It has a population of 2,842, and the median household income is $39,000. Rent for a two bedroom apartment is around $830 per month, which is much lower than the US average of $1,430 per month. The grocery cost index in Bolivia is 102 compared to the US average of 100.
Bolivia has an array of local businesses and services. In particular, B&A Marine provides boat sales and service on Holden Beach Road while Love's Garage offers automotive repairs on N Highway 17. Coastal Carolina Tax offers tax preparation services while Smith Custom Framing specializes in custom picture framing with quality materials. For those looking for fresh seafood dishes and other local favorites, there are several fantastic restaurants such as Paul's Fish Camp or Waterfront Grille & Bar at Southport Marina Village.

Bolivia (zip 28422) has an unemployment rate of 5.8%. The US average is 6.0%.

Bolivia (zip 28422) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.

Tax Rates for Bolivia (zip 28422)
- The Sales Tax Rate for Bolivia (zip 28422) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bolivia (zip 28422) 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 Bolivia (zip 28422)
- The average income of a Bolivia (zip 28422) resident is $21,529 a year. The US average is $28,555 a year.
- The Median household income of a Bolivia (zip 28422) resident is $58,315 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBolivia, North CarolinaUnited States
  5.86
  -8.7%-6.2%
  42.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $33,875$37,638
  $58,315$69,021
  $66,621$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  8.4%6.8%
  3.8%10.0%
  2.7%2.5%
  15.1%11.0%
  7.9%4.8%
  6.5%0.8%
  0.4%1.9%
  2.6%4.7%
  1.9%1.9%
  5.0%7.6%
  0.0%0.1%
  6.9%4.2%
  8.2%9.3%
  14.9%14.0%
  1.4%2.1%
  5.6%7.0%
  2.3%4.8%
  6.4%4.7%
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