27209 Biscoe, NC is a small town located in Montgomery County. The cost of living in this area is relatively inexpensive compared to the national average, with 2 bedroom rent costing $750 and a Grocery Cost Index of 94 as opposed to the US’s 100. This makes it attractive for people looking for an affordable place to stay and who do not want to sacrifice quality-of-life. There are many local businesses that help support the community in 27209 Biscoe, NC such as Arntz Electrical Services, M&E Grocery Store, and Montgomery County Grocery Stores. These companies provide residents with essential services and give them access to fresh produce, groceries, electrical work and other supplies they need on a daily basis.
Biscoe (zip 27209) has an unemployment rate of 4.3%. The US average is 6.0%.
Biscoe (zip 27209) has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 29.5%, which is lower than the US average of 33.5%.
Tax Rates for Biscoe (zip 27209)
- The Sales Tax Rate for Biscoe (zip 27209) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Biscoe (zip 27209) 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 Biscoe (zip 27209)
- The average income of a Biscoe (zip 27209) resident is $14,054 a year. The US average is $28,555 a year.
- The Median household income of a Biscoe (zip 27209) resident is $42,886 a year. The US average is $69,021 a year.