Zip 28778 (Swannanoa, NC) Economy


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28778 Swannanoa, North Carolina is a small town located in Buncombe County. It has a population of about 3,800 people according to the 2019 U.S. Census Bureau estimates. The town is known for its variety of local businesses and attractions that make it a desirable area to live in. Some popular local companies include Biltmore Estate Vineyards & Winery, Asheville Homebrewers Supply, and Asheville Adventure Rentals. The average two bedroom rent in 28778 Swannanoa is $1,290 which is slightly lower than the national average of $1,430. Grocery costs index is also lower than the US at 101 versus 100 nationally.

Swannanoa (zip 28778) has an unemployment rate of 4.3%. The US average is 6.0%.

Swannanoa (zip 28778) 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 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Swannanoa (zip 28778)
- The Sales Tax Rate for Swannanoa (zip 28778) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Swannanoa (zip 28778) 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 Swannanoa (zip 28778)
- The average income of a Swannanoa (zip 28778) resident is $19,706 a year. The US average is $28,555 a year.
- The Median household income of a Swannanoa (zip 28778) resident is $54,216 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySwannanoa, North CarolinaUnited States
  4.36
  -9.1%-6.2%
  40.9%33.5%
  7.0%6.2%
  5.3%4.6%
  $25,310$37,638
  $54,216$69,021
  $62,899$85,028
  Population by Occupation
  0.8%1.2%
  1.0%0.5%
  9.6%6.8%
  7.8%10.0%
  1.3%2.5%
  14.3%11.0%
  4.6%4.8%
  0.0%0.8%
  2.7%1.9%
  1.3%4.7%
  2.8%1.9%
  4.5%7.6%
  0.0%0.1%
  5.9%4.2%
  7.7%9.3%
  13.6%14.0%
  1.6%2.1%
  13.2%7.0%
  5.2%4.8%
  1.9%4.7%
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