Zip 27278 (Hillsborough, NC) Economy


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The small town of Hillsborough, NC (zipcode 27278) is a great place to live! With a lower than average cost of living compared to the US as a whole, 2 bedroom rent in this area is only $1,240 versus $1,430 in the US. The local grocery cost index here is 99 versus 100 in the US. Popular local companies include Carolina Brewery, C&T Family Farms, and Weaver Street Market. Whether you're looking for a great place to raise your family or start your own business, Hillsborough has something for you!

Hillsborough (zip 27278) has an unemployment rate of 3.2%. The US average is 6.0%.

Hillsborough (zip 27278) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.

Tax Rates for Hillsborough (zip 27278)
- The Sales Tax Rate for Hillsborough (zip 27278) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Hillsborough (zip 27278) 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 Hillsborough (zip 27278)
- The average income of a Hillsborough (zip 27278) resident is $31,804 a year. The US average is $28,555 a year.
- The Median household income of a Hillsborough (zip 27278) resident is $88,767 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHillsborough, North CarolinaUnited States
  3.26
  -5.6%-6.2%
  39.5%33.5%
  7.5%6.2%
  5.3%4.6%
  $51,321$37,638
  $88,767$69,021
  $118,068$85,028
  Population by Occupation
  0.6%1.2%
  0.2%0.5%
  6.3%6.8%
  5.7%10.0%
  1.4%2.5%
  9.5%11.0%
  0.8%4.8%
  0.3%0.8%
  2.6%1.9%
  3.8%4.7%
  2.1%1.9%
  12.9%7.6%
  0.0%0.1%
  2.7%4.2%
  15.5%9.3%
  19.6%14.0%
  2.8%2.1%
  3.2%7.0%
  4.6%4.8%
  5.6%4.7%
Reviews for Hillsborough
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Over 13 years ago

I'm wondering about the schools in Hillsborough and the general quality of life there. I know Orange County schools have a good reputation in the Chapel Hill area. Also,  More

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