Falkland, North Carolina (27827) is a great place to live for anyone looking for a low cost of living. 2 Bedroom rent in Falkland is $990 per month compared to the US average of $1430. Moreover, the Grocery Cost Index in Falkland is 94 versus 100 in the US. This means that groceries are 6% cheaper than the national average.
Falkland has plenty of local businesses to support its residents. Local companies such as Five Oaks Farms, J&J Flooring LLC, and H&B Poultry provide goods and services to residents at affordable prices. The local farmers market is a popular spot for fresh produce and other items at competitive prices.
Overall, Falkland’s low cost of living makes it an attractive option for individuals and families looking for an affordable place to live in North Carolina.
Falkland (zip 27827) has an unemployment rate of 4.6%. The US average is 6.0%.
Falkland (zip 27827) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Falkland (zip 27827)
- The Sales Tax Rate for Falkland (zip 27827) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Falkland (zip 27827) 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 Falkland (zip 27827)
- The average income of a Falkland (zip 27827) resident is $31,970 a year. The US average is $37,638 a year.
- The Median household income of a Falkland (zip 27827) resident is $83,340 a year. The US average is $69,021 a year.