Cary, North Carolina (zip code 27518) is an ideal place to live due to its low 2 bedroom rental rate of $1,660, which is lower than the US average of $1,430. This is great news for those looking for budget-friendly living quarters in a safe and secure environment. Cary is also home to several well-known companies such as SAS Institute, Epic Games and Red Hat. Additionally, grocery costs are higher than the national average at 105 index versus 100 index in the US. Considering all these factors combined makes Cary an ideal place to live or visit while enjoying all that the city has to offer.
Cary (zip 27518) has an unemployment rate of 3.1%. The US average is 6.0%.
Cary (zip 27518) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.
Tax Rates for Cary (zip 27518)
- The Sales Tax Rate for Cary (zip 27518) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Cary (zip 27518) 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 Cary (zip 27518)
- The average income of a Cary (zip 27518) resident is $49,865 a year. The US average is $28,555 a year.
- The Median household income of a Cary (zip 27518) resident is $107,509 a year. The US average is $69,021 a year.