Zip 27816 (Castalia, NC) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
27816 Castalia, NC is a small rural town with a population of just under 100 people. It's an idyllic place to live with its rolling hills, sprawling fields and quaint downtown area. The 2 bedroom rent in this area is $990 per month, which is significantly lower than the US average of $1,430 per month. Additionally, the Grocery Cost Index here is 95 versus 100 in the US. This makes living in Castalia much more affordable than other areas of the country.
In terms of local companies, Castalia has many small businesses located in its downtown area including a family-owned hardware store and cafe that serve delicious homemade food and pastries as well as an antique store that sells all kinds of items from furniture to jewelry. There are also plenty of outdoor activities such as fishing, hiking and biking throughout the area for those looking to spend more time outdoors or take advantage of the scenery.
All in all, 27816 Castalia offers an affordable cost-of-living along with plenty of outdoor opportunities and local businesses making it a great place to be able to call home.

Castalia (zip 27816) has an unemployment rate of 5.8%. The US average is 6.0%.

Castalia (zip 27816) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.

Tax Rates for Castalia (zip 27816)
- The Sales Tax Rate for Castalia (zip 27816) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Castalia (zip 27816) 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 Castalia (zip 27816)
- The average income of a Castalia (zip 27816) resident is $16,788 a year. The US average is $28,555 a year.
- The Median household income of a Castalia (zip 27816) resident is $27,317 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCastalia, North CarolinaUnited States
  5.86
  -6.9%-6.2%
  21.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $17,879$37,638
  $27,317$69,021
  $27,257$85,028
  Population by Occupation
  4.0%1.2%
  0.0%0.5%
  1.8%6.8%
  12.4%10.0%
  1.9%2.5%
  13.8%11.0%
  4.4%4.8%
  0.0%0.8%
  2.2%1.9%
  1.3%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.8%4.2%
  9.8%9.3%
  33.5%14.0%
  0.0%2.1%
  6.2%7.0%
  6.8%4.8%
  0.0%4.7%
Health