27314 Prospect Hill, NC is an ideal place to live for those looking for a peaceful small town with a warm climate. The median 2 Bedroom Rent in this area is $1,260 which is much lower than the US average of $1,430. Grocery Cost Index in 27314 Prospect Hill, NC is 96 versus 100 in the US. Local companies such as Burge Brothers Furniture Co, C & K Music Inc., and K&L Nursery are popular amongst locals. Prospect Hill provides its residents with affordable housing and living costs so that they can have a secure financial future.
Prospect Hill (zip 27314) has an unemployment rate of 5.1%. The US average is 6.0%.
Prospect Hill (zip 27314) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.
Tax Rates for Prospect Hill (zip 27314)
- The Sales Tax Rate for Prospect Hill (zip 27314) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Prospect Hill (zip 27314) 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 Prospect Hill (zip 27314)
- The average income of a Prospect Hill (zip 27314) resident is $23,691 a year. The US average is $37,638 a year.
- The Median household income of a Prospect Hill (zip 27314) resident is $63,824 a year. The US average is $69,021 a year.