Zip 28016 (Bessemer City, NC) Economy


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Bessemer City is a small city located in North Carolina. It has a population of about 4,059 people and is situated in Gaston County. The 2 bedroom rent in Bessemer City is $900 which is significantly lower than the US 2 bedroom rent at $1,430. The grocery cost index in Bessemer City is also lower than the US average at 95 versus 100. This makes it an appealing place to live for those looking to save money on their rent and grocery costs.
Local companies such as Valley Senior Care, Industrial Power Systems Inc., and Yellow Pages United are just a few of the businesses that can be found in Bessemer City. All three of these companies have been established for many years and provide excellent services and products to their local communities. Additionally, there are numerous restaurants and shops within the city limits that offer a variety of services to its citizens.

Bessemer City (zip 28016) has an unemployment rate of 5.0%. The US average is 6.0%.

Bessemer City (zip 28016) 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 Bessemer City (zip 28016)
- The Sales Tax Rate for Bessemer City (zip 28016) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Bessemer City (zip 28016) 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 Bessemer City (zip 28016)
- The average income of a Bessemer City (zip 28016) resident is $19,410 a year. The US average is $28,555 a year.
- The Median household income of a Bessemer City (zip 28016) resident is $48,028 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBessemer City, North CarolinaUnited States
  56
  -5.6%-6.2%
  44.7%33.5%
  7.0%6.2%
  5.3%4.6%
  $25,427$37,638
  $48,028$69,021
  $64,226$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  8.3%6.8%
  23.1%10.0%
  2.6%2.5%
  17.5%11.0%
  6.1%4.8%
  1.9%0.8%
  0.4%1.9%
  4.0%4.7%
  2.5%1.9%
  2.4%7.6%
  0.0%0.1%
  1.9%4.2%
  5.2%9.3%
  9.4%14.0%
  1.4%2.1%
  6.1%7.0%
  3.2%4.8%
  3.2%4.7%
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