27231 Cedar Grove, NC is a great place to live for those looking for a small town feel with all the amenities of larger cities nearby. The town offers low 2 bedroom rents at $1,280 per month and grocery costs in the area are 97 on an index versus the US average of 100. Local companies based out of Cedar Grove include Alton Manufacturing, Breco Machine & Tool Co., and T&T Woodworking Inc. With convenient shopping and recreation areas close by, as well as affordable cost of living expenses, Cedar Grove is a wonderful option for many who are searching for a new home.
Cedar Grove (zip 27231) has an unemployment rate of 3.2%. The US average is 6.0%.
Cedar Grove (zip 27231) has seen the job market increase by 2.1% over the last year. Future job growth over the next ten years is predicted to be 39.5%, which is higher than the US average of 33.5%.
Tax Rates for Cedar Grove (zip 27231)
- The Sales Tax Rate for Cedar Grove (zip 27231) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Cedar Grove (zip 27231) 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 Cedar Grove (zip 27231)
- The average income of a Cedar Grove (zip 27231) resident is $24,709 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Grove (zip 27231) resident is $68,636 a year. The US average is $69,021 a year.