Charlotte, NC is a vibrant city located in Mecklenburg County with a population of over 1 million people. The average rent for a two-bedroom apartment in Charlotte is $1,450, which is slightly higher than the US average of $1,430. Additionally, the grocery cost index for Charlotte is 104 compared to the US average of 100. This demonstrates that maintaining a basic standard of living in Charlotte may be more expensive than other cities within America.
Charlotte is home to many well-known businesses including Bank of America, Duke Energy, and Lowe's Home Improvement. Other local companies include SPX Corporation and Crescent Communities. The city also offers numerous job opportunities at major banks such as Wells Fargo and BB&T as well as retail stores such as Walmart and Target.
Overall, while Charlotte has an above-average cost of living when compared to other parts of the United States, it has plenty to offer residents in terms of employment opportunities and other amenities. With countless businesses situated throughout the area and lower-than-average rent prices for two bedroom apartments, Charlotte makes a great home for those looking for all that life in a big city can provide without breaking their budget.
Charlotte (zip 28226) has an unemployment rate of 4.9%. The US average is 6.0%.
Charlotte (zip 28226) has seen the job market decrease by -5.6% 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 28226)
- The Sales Tax Rate for Charlotte (zip 28226) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Charlotte (zip 28226) 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 28226)
- The average income of a Charlotte (zip 28226) resident is $70,297 a year. The US average is $37,638 a year.
- The Median household income of a Charlotte (zip 28226) resident is $107,603 a year. The US average is $69,021 a year.