Wake Forest, NC (27587) is a beautiful town in North Carolina known for its historic charm and modern convenience. The 2 bedroom rent here is slightly lower than the US average of $1430, currently sitting at $1,390. Residents of Wake Forest enjoy local amenities such as grocery stores, entertainment venues, and some of the best outdoor activities in North Carolina. Major employers in the area include Sysco Corporation, Wake Electric Membership Corporation, and Magnolia Manor on the Coast that are located nearby and offer competitive wages to their employees. Wake Forest is a great place to settle down with affordable housing options for everyone.
Wake Forest (zip 27587) has an unemployment rate of 3.6%. The US average is 6.0%.
Wake Forest (zip 27587) has seen the job market decrease by -5.2% over the last year. Future job growth over the next ten years is predicted to be 51.6%, which is higher than the US average of 33.5%.
Tax Rates for Wake Forest (zip 27587)
- The Sales Tax Rate for Wake Forest (zip 27587) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Wake Forest (zip 27587) 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 Wake Forest (zip 27587)
- The average income of a Wake Forest (zip 27587) resident is $48,402 a year. The US average is $37,638 a year.
- The Median household income of a Wake Forest (zip 27587) resident is $107,114 a year. The US average is $69,021 a year.