Zip 28720 (Chimney Rock Village, NC) Economy


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Chimney Rock Village, NC (28720) is an ideal place for those looking for a peaceful and scenic area to live in. The 2 Bedroom Rent in the village is significantly lower than the US average, at only $770 versus $1,430. The grocery cost index is also slightly lower than the US average at 101. There are several local companies in Chimney Rock Village that provide services such as Spencer Resources, Inc., which offers consulting services; Chimney Rock Insurance Agency offering insurance solutions; and C & C Home Improvement providing home improvements.

Chimney Rock Village (zip 28720) has an unemployment rate of 6.1%. The US average is 6.0%.

Chimney Rock Village (zip 28720) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 23.0%, which is lower than the US average of 33.5%.

Tax Rates for Chimney Rock Village (zip 28720)
- The Sales Tax Rate for Chimney Rock Village (zip 28720) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Chimney Rock Village (zip 28720) 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 Chimney Rock Village (zip 28720)
- The average income of a Chimney Rock Village (zip 28720) resident is $24,073 a year. The US average is $28,555 a year.
- The Median household income of a Chimney Rock Village (zip 28720) resident is $55,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChimney Rock Village, North CarolinaUnited States
  6.16
  -8.0%-6.2%
  23.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $48,892$37,638
  $55,625$69,021
Family Median Income 85028
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