Zip 28805 (Asheville, NC) Economy


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Asheville, NC (28805) has an estimated 2 bedroom rent of $1,470, which is higher than the US average 2 bedroom rent rate of $1,430. The Grocery Cost Index of Asheville is 103 versus 100 in the US which shows that groceries are slightly more expensive in this city. The cost of living in Asheville may be higher than the national average; however, it also offers several major companies such as Mission Health, GE Aviation Systems LLC and Biltmore Farms. With these major companies come career opportunities that could potentially help offset some of the additional expenses incurred by living here. Furthermore, Asheville is filled with restaurants, bars and historic sites that make this city a great place to call home despite the increased cost of living.

Asheville (zip 28805) has an unemployment rate of 4.5%. The US average is 6.0%.

Asheville (zip 28805) 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 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Asheville (zip 28805)
- The Sales Tax Rate for Asheville (zip 28805) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Asheville (zip 28805) 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 Asheville (zip 28805)
- The average income of a Asheville (zip 28805) resident is $31,497 a year. The US average is $28,555 a year.
- The Median household income of a Asheville (zip 28805) resident is $54,911 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAsheville, North CarolinaUnited States
  4.56
  -9.1%-6.2%
  39.8%33.5%
  7.0%6.2%
  5.3%4.6%
  $36,247$37,638
  $54,911$69,021
  $81,813$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.7%6.8%
  6.3%10.0%
  1.2%2.5%
  19.6%11.0%
  1.4%4.8%
  0.3%0.8%
  1.3%1.9%
  2.6%4.7%
  2.5%1.9%
  8.1%7.6%
  0.0%0.1%
  2.3%4.2%
  11.1%9.3%
  18.9%14.0%
  3.2%2.1%
  10.8%7.0%
  3.7%4.8%
  2.7%4.7%
Reviews for Asheville
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Over 16 years ago

Nice little community, many homes with mountain  More

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