Zip 28701 (Alexander, NC) Economy


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28701 Alexander, NC is an ideal place to live due to its affordable two-bedroom rent of $1,380 compared to the US average of $1,430. Additionally, local grocery costs are lower than the US average with an index of 102 as opposed to 100. The area is also home to a number of popular companies including Red Onion Restaurants, Bent Creek Brewery, and Gentry's Music Store. Red Onion Restaurants serve traditional American cuisine in a cozy atmosphere. Bent Creek Brewery offers delicious craft beers and ales in a friendly environment has been serving satisfied customers for years. Last but not least, Gentry's Music Store provides quality instruments and music supplies for any musician.

Alexander (zip 28701) has an unemployment rate of 4.3%. The US average is 6.0%.

Alexander (zip 28701) 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 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Alexander (zip 28701)
- The Sales Tax Rate for Alexander (zip 28701) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Alexander (zip 28701) 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 Alexander (zip 28701)
- The average income of a Alexander (zip 28701) resident is $21,835 a year. The US average is $28,555 a year.
- The Median household income of a Alexander (zip 28701) resident is $76,939 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAlexander, North CarolinaUnited States
  4.36
  -9.1%-6.2%
  40.9%33.5%
  7.0%6.2%
  5.3%4.6%
  $31,392$37,638
  $76,939$69,021
  $89,478$85,028
  Population by Occupation
  0.3%1.2%
  1.4%0.5%
  16.2%6.8%
  7.3%10.0%
  6.1%2.5%
  7.9%11.0%
  2.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.4%4.7%
  1.2%1.9%
  4.6%7.6%
  0.0%0.1%
  1.1%4.2%
  5.6%9.3%
  35.7%14.0%
  0.4%2.1%
  1.9%7.0%
  5.2%4.8%
  2.2%4.7%
Health