Zip 28043 (Forest City, NC) Economy


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Forest City, North Carolina (zip code 28043) is a town with a population of 7,556 (as of 2019). It has been growing steadily for many years and offers residents a variety of amenities. The median home value in the area is $127,500 while the median rent for a two-bedroom apartment is $770 per month. Groceries are also slightly cheaper than the national average at an index score of 94.
There are plenty of local businesses to take advantage of such as Walmart Supercenter, Robert Service Center LLC, Foothills Automotive Inc, and H&R Block Tax Consultants. There are also several restaurants and parks located within the city limits making it an ideal spot for families looking to move and settle down. In addition to having a low cost of living, Forest City boasts excellent schools and plenty of recreational activities to keep everyone entertained all year round.

Forest City (zip 28043) has an unemployment rate of 6.1%. The US average is 6.0%.

Forest City (zip 28043) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Forest City (zip 28043)
- The Sales Tax Rate for Forest City (zip 28043) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Forest City (zip 28043) 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 Forest City (zip 28043)
- The average income of a Forest City (zip 28043) resident is $24,081 a year. The US average is $37,638 a year.
- The Median household income of a Forest City (zip 28043) resident is $40,326 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyForest City, North CarolinaUnited States
  6.16
  -8.0%-6.2%
  23.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $24,081$37,638
  $40,326$69,021
  $48,872$85,028
  Population by Occupation
  0.4%1.2%
  0.7%0.5%
  7.7%6.8%
  18.2%10.0%
  0.7%2.5%
  13.0%11.0%
  4.0%4.8%
  1.3%0.8%
  1.6%1.9%
  2.6%4.7%
  0.4%1.9%
  1.7%7.6%
  0.2%0.1%
  9.7%4.2%
  7.2%9.3%
  11.7%14.0%
  0.3%2.1%
  10.0%7.0%
  5.4%4.8%
  3.3%4.7%
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