Winston-Salem, NC (27106) is an ideal place to settle for people looking for a comfortable life without breaking the bank. The average 2 bedroom rent here is $1,040, significantly lower than the national average of $1,430. Moreover, groceries are also relatively cheaper with the area having a Grocery Cost Index of 96 versus 100 in the US.
The city has plenty to offer in terms of career opportunities as well. Companies such as Hanesbrands Inc., Wake Forest Baptist Medical Center and Reynolds American Inc., all operate out of Winston-Salem providing ample choices for job seekers. The city’s environment is pleasant too with its wide open parks and its humid subtropical climate that brings with it mild winters and hot summers which provide perfect weather conditions for outdoor sports or activities.
Overall, Winston-Salem offers its residents an amazing quality of life at an affordable cost making it a great destination to settle down in!
Winston-Salem (zip 27106) has an unemployment rate of 5.2%. The US average is 6.0%.
Winston-Salem (zip 27106) 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 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Winston-Salem (zip 27106)
- The Sales Tax Rate for Winston-Salem (zip 27106) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Winston-Salem (zip 27106) 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 Winston-Salem (zip 27106)
- The average income of a Winston-Salem (zip 27106) resident is $32,655 a year. The US average is $28,555 a year.
- The Median household income of a Winston-Salem (zip 27106) resident is $61,158 a year. The US average is $69,021 a year.