28619 Drexel, NC is a small town that has some of the most affordable housing in the US. The average 2 Bedroom rent in Drexel is $770 per month, which is significantly lower than the US average of $1,430. This makes Drexel an ideal location for those who are looking for a more affordable living situation. \nWhen it comes to groceries, the Grocery Cost Index in Drexel is 94 versus 100 in the US. This means that residents of Drexel can save money on their grocery bills compared to what they would pay elsewhere in the US. Local companies such as Walmart and Ingles Market provide residents with groceries at discounted rates. In addition, there are many other local businesses that offer products at affordable prices such as clothing stores, home improvement stores and furniture stores. All of these businesses enable residents of Drexel to save money on everyday items and still enjoy a high quality of life.
Drexel (zip 28619) has an unemployment rate of 4.4%. The US average is 6.0%.
Drexel (zip 28619) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Drexel (zip 28619)
- The Sales Tax Rate for Drexel (zip 28619) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Drexel (zip 28619) 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 Drexel (zip 28619)
- The average income of a Drexel (zip 28619) resident is $19,637 a year. The US average is $28,555 a year.
- The Median household income of a Drexel (zip 28619) resident is $45,000 a year. The US average is $69,021 a year.