Zip 28403 (Wilmington, NC) Economy


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Wilmington, NC (28403) is a great place to live. It has a low cost of living with a two bedroom apartment renting for $1,230 compared to the US average of $1,430. Grocery costs are also lower in Wilmington, with an index of 100 versus the US index of 100. The city offers plenty of job opportunities; major employers such as Live Oak Bank and Corning Optical Communications employ many residents. With its vibrant culture and diversity, it's easy to see why Wilmington is a desirable place to call home.

Wilmington (zip 28403) has an unemployment rate of 4.3%. The US average is 6.0%.

Wilmington (zip 28403) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Wilmington (zip 28403)
- The Sales Tax Rate for Wilmington (zip 28403) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 28403) 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 Wilmington (zip 28403)
- The average income of a Wilmington (zip 28403) resident is $33,601 a year. The US average is $37,638 a year.
- The Median household income of a Wilmington (zip 28403) resident is $47,422 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilmington, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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