The city of Wilmington, NC (zip code 28405) is an ideal choice for anyone looking for a great place to live. The average two bedroom rent is just $1,310 per month, which is significantly lower than the national average of $1,430. Additionally, the cost of living in Wilmington is very reasonable with a grocery cost index of 99, compared to the US average.
The city is home to several large companies like Live Oak Bank and Corning Optical Communications. Additionally, it has numerous smaller businesses such as Coastal Beverage Company, Burnt Mill Creek Brewery & Winery, and Wrightsville Beach Brewery. With plenty of opportunities for employment and leisure activities one can find in Wilmington, it’s no wonder why so many people choose to call this vibrant city home.
Wilmington (zip 28405) has an unemployment rate of 4.3%. The US average is 6.0%.
Wilmington (zip 28405) has seen the job market increase by 0.8% 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 28405)
- The Sales Tax Rate for Wilmington (zip 28405) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 28405) 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 28405)
- The average income of a Wilmington (zip 28405) resident is $33,883 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington (zip 28405) resident is $59,062 a year. The US average is $69,021 a year.