27583 Timberlake, NC is a small town located in Central North Carolina. It has a population of around 3,000 and is known for its close-knit community feel. 2 bedroom rent in this area is $1,030 which is much lower than the US average of $1,430. The grocery cost index here is also lower than the national average; it's 98 versus 100 in the US. This makes living expenses cheaper than other places in the United States. Local businesses include Waffle House, Wright’s Barbecue, Bank of America, Jack & Denny’s Tire Pros & Automotive Service and Tractor Supply Co. All are great local businesses that help to keep this small town vibrant and active!
Timberlake (zip 27583) has an unemployment rate of 4.8%. The US average is 6.0%.
Timberlake (zip 27583) has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Timberlake (zip 27583)
- The Sales Tax Rate for Timberlake (zip 27583) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Timberlake (zip 27583) 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 Timberlake (zip 27583)
- The average income of a Timberlake (zip 27583) resident is $31,491 a year. The US average is $37,638 a year.
- The Median household income of a Timberlake (zip 27583) resident is $69,250 a year. The US average is $69,021 a year.