In 28205 Charlotte, NC, the average 2-bedroom rent is $1,280 per month – slightly below the US average of $1,430. Grocery prices in 28205 are also comparable to the US Average at a cost index of 100. Local companies such as Publix and Harris Teeter keep prices competitive in the area. Publix offers weekly specials and discounts while Harris Teeter has frequent store promotions which help combat high grocery costs. The combination of lower rents and grocery costs make 28205 an attractive location for many families looking for affordability without sacrificing quality living standards.
Charlotte (zip 28205) has an unemployment rate of 4.9%. The US average is 6.0%.
Charlotte (zip 28205) 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte (zip 28205)
- The Sales Tax Rate for Charlotte (zip 28205) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 28205) 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 Charlotte (zip 28205)
- The average income of a Charlotte (zip 28205) resident is $39,142 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte (zip 28205) resident is $61,525 a year. The US average is $69,021 a year.