Zip 28520 (Cedar Island, NC) Economy


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The city of Cedar Island, NC (28520) is a great place to live! With an average 2 bedroom rent of $1,000, it is much cheaper than the national average of $1,430. It also offers great value when it comes to grocery costs, with an index of 97 compared to 100 in the US. The small community has all the amenities and services one could ask for, including popular restaurants such as Cedar Bay Seafood Company and Big C's BBQ Pit. There are also plenty of local stores offering fresh produce from Farmers' Market and grocery stores such as Family Food Mart and Dollar General for cost-effective shopping. In addition, residents can take advantage of the nearby health care clinics such as CarolinaEast Health Systems or Sacred Heart Medical Associates for any medical concerns.

Cedar Island (zip 28520) has an unemployment rate of 4.0%. The US average is 6.0%.

Cedar Island (zip 28520) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.

Tax Rates for Cedar Island (zip 28520)
- The Sales Tax Rate for Cedar Island (zip 28520) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Cedar Island (zip 28520) 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 Cedar Island (zip 28520)
- The average income of a Cedar Island (zip 28520) resident is $33,359 a year. The US average is $37,638 a year.
- The Median household income of a Cedar Island (zip 28520) resident is $60,257 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Island, 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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