Zip 28012 (Belmont, NC) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Belmont, North Carolina (28012) is an ideal community for young professionals looking to start a family or retirees looking for a peaceful retirement. The two bedroom rent in Belmont is $1,170, which is significantly lower than the national average of $1,430. This makes Belmont an attractive option for people searching for more affordable housing options. Additionally, the Grocery Cost Index in Belmont is 98 versus 100 in the US which makes it even more economical to live here.
In terms of local businesses and amenities, Belmont features award-winning restaurants including South Main Kitchen and Rivermen Brewing Company. For shopping and entertainment needs, there’s nearby Gastonia Village Shopping Center and Cramerton Village Town Park. Other popular attractions include Daniel Stowe Botanical Garden and Crowders Mountain State Park.
All these factors make Belmont an excellent place to live with its low cost of living coupled with plenty of convenient local businesses and attractions available.

Belmont (zip 28012) has an unemployment rate of 5.0%. The US average is 6.0%.

Belmont (zip 28012) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 44.7%, which is higher than the US average of 33.5%.

Tax Rates for Belmont (zip 28012)
- The Sales Tax Rate for Belmont (zip 28012) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Belmont (zip 28012) 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 Belmont (zip 28012)
- The average income of a Belmont (zip 28012) resident is $30,132 a year. The US average is $28,555 a year.
- The Median household income of a Belmont (zip 28012) resident is $72,273 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelmont, North CarolinaUnited States
  56
  -5.6%-6.2%
  44.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $42,232$37,638
  $72,273$69,021
  $92,955$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.1%6.8%
  12.7%10.0%
  3.3%2.5%
  10.8%11.0%
  4.6%4.8%
  2.8%0.8%
  2.7%1.9%
  7.9%4.7%
  2.8%1.9%
  8.3%7.6%
  0.3%0.1%
  5.2%4.2%
  5.9%9.3%
  13.1%14.0%
  1.5%2.1%
  3.0%7.0%
  6.7%4.8%
  2.3%4.7%
Health