Durham, NC (27707) is a thriving city with many local companies to explore. The average 2 bedroom rent in Durham is $1,340 per month, which is slightly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Durham is 100 - the same as the US average. This means that residents have access to affordable housing and groceries without sacrificing quality. Some notable local companies include Duke University Health System, IBM Corporation, Blue Cross Blue Shield of North Carolina, and SunTrust Bank. From its affordability to its extensive job opportunities, Durham is an excellent place for individuals and families looking for a new home!
Durham (zip 27707) has an unemployment rate of 4.1%. The US average is 6.0%.
Durham (zip 27707) 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 43.3%, which is higher than the US average of 33.5%.
Tax Rates for Durham (zip 27707)
- The Sales Tax Rate for Durham (zip 27707) is 7.5%. The US average is 7.3%.
- The Income Tax Rate for Durham (zip 27707) 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 Durham (zip 27707)
- The average income of a Durham (zip 27707) resident is $39,209 a year. The US average is $37,638 a year.
- The Median household income of a Durham (zip 27707) resident is $61,923 a year. The US average is $69,021 a year.