Zip 27823 (Enfield, NC) Economy


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27823 Enfield, NC is an excellent place to live due its low cost of living. The 2 bedroom rent in this area is only $730 which is much cheaper than the US average of $1,430. This makes it a great option for those who are looking for more affordable housing options. Additionally, the Grocery Cost Index in this area is 91 versus 100 in the US which means that food costs are relatively lower as well. In 27823 Enfield, NC there are numerous companies that serve the local community such as Bi-Lo Grocery Store, Dollar General, and BB&T Bank. The cost of living index in this area makes it easy to maintain a comfortable lifestyle without having to worry about expensive housing and grocery costs.

Enfield (zip 27823) has an unemployment rate of 6.9%. The US average is 6.0%.

Enfield (zip 27823) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Enfield (zip 27823)
- The Sales Tax Rate for Enfield (zip 27823) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Enfield (zip 27823) 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 Enfield (zip 27823)
- The average income of a Enfield (zip 27823) resident is $17,191 a year. The US average is $37,638 a year.
- The Median household income of a Enfield (zip 27823) resident is $28,004 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEnfield, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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