Bahama, NC (zip code 27503) is located in Durham Country, North Carolina. It is a small town with a rich history and rural charm. The average 2 Bedroom Rent in Bahama is $1,270 which is slightly lower than the US average at $1,430 making it an affordable place to live. Additionally, Bahama’s Grocery Cost Index is 100 versus the US index of 100 making it equal to the national average. The local businesses in Bahama include Mangum's Florist & Gifts, G&G Lawn Care & Landscaping, M&M Distributors Inc., and Dining Room Outlet plus many more. This small town offers residents an affordable cost of living with plenty of local amenities for convenience making it a great area to live!
Bahama (zip 27503) has an unemployment rate of 4.1%. The US average is 6.0%.
Bahama (zip 27503) has seen the job market increase by 2.0% over the last year. Future job growth over the next ten years is predicted to be 43.3%, which is higher than the US average of 33.5%.
Tax Rates for Bahama (zip 27503)
- The Sales Tax Rate for Bahama (zip 27503) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Bahama (zip 27503) 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 Bahama (zip 27503)
- The average income of a Bahama (zip 27503) resident is $29,118 a year. The US average is $28,555 a year.
- The Median household income of a Bahama (zip 27503) resident is $73,524 a year. The US average is $69,021 a year.