Charlotte, NC is a bustling city with an estimated population of 885,708. It has a variety of businesses and services that make life convenient for its residents. For instance, 2 bedroom rent in Charlotte is $1,290 whereas the US average is $1,430. Similarly, the grocery cost index in Charlotte is 96 as compared to 100 in the US on average. This demonstrates that Charlotte offers lower living costs than the national average which can be attractive for individuals looking to save money. Popular local companies include Bank of America, Lowe's Home Improvement and Duke Energy Corporation. This thriving city combines great job opportunities with affordable housing which makes it an ideal place to live.
Charlotte (zip 28216) has an unemployment rate of 4.9%. The US average is 6.0%.
Charlotte (zip 28216) 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 45.2%, which is higher than the US average of 33.5%.
Tax Rates for Charlotte (zip 28216)
- The Sales Tax Rate for Charlotte (zip 28216) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 28216) 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 Charlotte (zip 28216)
- The average income of a Charlotte (zip 28216) resident is $25,043 a year. The US average is $28,555 a year.
- The Median household income of a Charlotte (zip 28216) resident is $53,462 a year. The US average is $69,021 a year.