Zip 27201 (Alamance, NC) Economy


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27201 Alamance, NC is an excellent place to live. The average 2 Bedroom Rent of $1,110 is far less expensive than the US average of $1,430 and it has a Grocery Cost Index of 93 versus 100 in the US. Therefore, living in 27201 Alamance can be considerably less costly than other parts of the country. Additionally, this zip code is home to several major companies like Lowe's Home Improvement and Burlington Industries. There are also attractions like the Burlington City Park and the Elon University Campus which provide plenty of opportunity for outdoor activities. All in all, 27201 Alamance is a great place to settle down and enjoy a lower cost of living with plenty of local amenities nearby.

Alamance (zip 27201) has an unemployment rate of 4.5%. The US average is 6.0%.

Alamance (zip 27201) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Alamance (zip 27201)
- The Sales Tax Rate for Alamance (zip 27201) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Alamance (zip 27201) 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 Alamance (zip 27201)
- The average income of a Alamance (zip 27201) resident is $23,987 a year. The US average is $37,638 a year.
- The Median household income of a Alamance (zip 27201) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlamance, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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