Zip 28660 (Olin, NC) Economy


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28660 Olin, NC is a great place to live with reasonable living expenses. The average 2 bedroom rental in the area is $890, which provides significant savings compared to the US average of $1,430. Additionally, the grocery cost index in 28660 Olin, NC is 96 versus 100 in the US making it an even more attractive option for those looking for affordable living. Local companies that rent 2 bedroom apartments include Olin Apartments & Town Homes and Hillside Park Estates. Living in 28660 Olin also provides you with lower costs associated with groceries due to its below-average grocery cost index.

Olin (zip 28660) has an unemployment rate of 4.4%. The US average is 6.0%.

Olin (zip 28660) 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 Olin (zip 28660)
- The Sales Tax Rate for Olin (zip 28660) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Olin (zip 28660) 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 Olin (zip 28660)
- The average income of a Olin (zip 28660) resident is $21,357 a year. The US average is $28,555 a year.
- The Median household income of a Olin (zip 28660) resident is $62,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOlin, North CarolinaUnited States
  4.46
  -5.6%-6.2%
  45.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $28,974$37,638
  $62,188$69,021
  $66,028$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  0.4%6.8%
  25.0%10.0%
  3.0%2.5%
  21.7%11.0%
  13.6%4.8%
  0.0%0.8%
  0.0%1.9%
  3.0%4.7%
  0.9%1.9%
  1.8%7.6%
  0.0%0.1%
  6.6%4.2%
  1.6%9.3%
  7.3%14.0%
  0.0%2.1%
  8.1%7.0%
  2.7%4.8%
  2.6%4.7%
Reviews for Olin
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Over 13 years ago

Nice little country town. Quiet and pleasant weather, although being in NC it does get warm in the summer. Cost of living is low and property taxes are really  More

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