Zip 27924 (Colerain, NC) Economy


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United States / North Carolina / No Metro Area / Bertie County / Colerain / Colerain (zip 27924)
27924 Colerain, NC is a small city located in Northeastern North Carolina. The median household income is just under $30,000 and the population is estimated to be around 1,400 people. In this area, the 2 bedroom rent is about $760 which is significantly lower than the US average of $1,430. The grocery cost index in 27924 Colerain, NC is 93 compared to 100 in the US.
The city offers plenty of employment opportunities with several companies like Coastal Manufacturing Incorporated providing skilled labor jobs in manufacturing and administration support roles. There are also local businesses such as J&C Grocery Store that serves the residents' needs for grocery items at an affordable price point. Additionally, Trinity Christian School provides education opportunities to students from grades PK-12.

Colerain (zip 27924) has an unemployment rate of 5.1%. The US average is 6.0%.

Colerain (zip 27924) has seen the job market decrease by -2.7% over the last year. Future job growth over the next ten years is predicted to be 9.7%, which is lower than the US average of 33.5%.

Tax Rates for Colerain (zip 27924)
- The Sales Tax Rate for Colerain (zip 27924) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Colerain (zip 27924) 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 Colerain (zip 27924)
- The average income of a Colerain (zip 27924) resident is $19,911 a year. The US average is $28,555 a year.
- The Median household income of a Colerain (zip 27924) resident is $43,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColerain, North CarolinaUnited States
  5.16
  -4.9%-6.2%
  9.7%33.5%
  6.8%6.2%
  5.3%4.6%
  $29,125$37,638
  $43,750$69,021
  $77,535$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  4.0%6.8%
  22.8%10.0%
  0.1%2.5%
  0.7%11.0%
  2.8%4.8%
  1.5%0.8%
  0.3%1.9%
  1.7%4.7%
  6.3%1.9%
  1.2%7.6%
  0.0%0.1%
  6.1%4.2%
  2.4%9.3%
  17.2%14.0%
  1.4%2.1%
  2.1%7.0%
  2.3%4.8%
  23.7%4.7%
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