Zip 27521 (Coats, NC) Economy


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United States / North Carolina / No Metro Area / Harnett County / Coats / Coats (zip 27521)
The cost of living in Coats, NC (zip code 27521) is very manageable. The median rent for a two bedroom apartment is $880, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index is 95, meaning that groceries are more affordable here than in other parts of the U.S. This makes it an ideal place to live for those on a budget. There are plenty of local businesses in Coats such as Walmart Supercenter for groceries and household items, Tom's Hardware Store for appliances and furniture, and many locally owned restaurants including El Mexico Restaurant and Barbecue Pit. In short, with its low cost of living and local amenities, Coats offers a great place to call home.

Coats (zip 27521) has an unemployment rate of 4.9%. The US average is 6.0%.

Coats (zip 27521) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 39.3%, which is higher than the US average of 33.5%.

Tax Rates for Coats (zip 27521)
- The Sales Tax Rate for Coats (zip 27521) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Coats (zip 27521) 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 Coats (zip 27521)
- The average income of a Coats (zip 27521) resident is $26,882 a year. The US average is $37,638 a year.
- The Median household income of a Coats (zip 27521) resident is $48,196 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCoats, North CarolinaUnited States
  4.96
  -4.7%-6.2%
  39.3%33.5%
  7.0%6.2%
  5.3%4.6%
  $26,882$37,638
  $48,196$69,021
  $61,193$85,028
  Population by Occupation
  1.2%1.2%
  0.2%0.5%
  15.4%6.8%
  8.1%10.0%
  2.2%2.5%
  10.9%11.0%
  3.3%4.8%
  2.1%0.8%
  0.5%1.9%
  3.1%4.7%
  0.6%1.9%
  4.0%7.6%
  0.0%0.1%
  4.8%4.2%
  14.1%9.3%
  10.4%14.0%
  0.2%2.1%
  8.0%7.0%
  4.6%4.8%
  6.5%4.7%
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