Charlotte, NC 28207 has an average 2 Bedroom rent of $1,540, which is $110 more than the US average. The Grocery Cost Index in Charlotte is 112 versus 100 in the US. This means that groceries are 12% higher than the national average in Charlotte. Despite the higher costs, there are many advantages to living in this area. Local companies such as Bank of America, Carolinas HealthCare System, Duke Energy Corporation and Wells Fargo & Company offer employment opportunities and have strong local identities. Other cost of living variations include electricity prices at 10% above the national average and healthcare expenses 12% above the national average.
Charlotte (zip 28207) has an unemployment rate of 4.9%. The US average is 6.0%.
Charlotte (zip 28207) 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte (zip 28207)
- The Sales Tax Rate for Charlotte (zip 28207) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 28207) 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 Charlotte (zip 28207)
- The average income of a Charlotte (zip 28207) resident is $91,582 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte (zip 28207) resident is $192,500 a year. The US average is $69,021 a year.