27007 Ararat, NC is a rural town located in the foothills of the Blue Ridge Mountains. It is known for its beautiful landscape and small-town charm. The 2 Bedroom rent in this area is $830, much lower than the US average of $1,430. Additionally, living expenses are quite low as evidenced by the Grocery Cost Index of 94 compared to 100 in the US. However, this area still has plenty to offer; locals can find great employers like Rockfish Valley Fire & Rescue, Walgreens Pharmacy and Liberty Tax Service close to home.
Ararat (zip 27007) has an unemployment rate of 4.2%. The US average is 6.0%.
Ararat (zip 27007) has seen the job market decrease by -7.9% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.
Tax Rates for Ararat (zip 27007)
- The Sales Tax Rate for Ararat (zip 27007) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ararat (zip 27007) 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 Ararat (zip 27007)
- The average income of a Ararat (zip 27007) resident is $33,923 a year. The US average is $37,638 a year.
- The Median household income of a Ararat (zip 27007) resident is $75,324 a year. The US average is $69,021 a year.