Zip 27824 (Engelhard, NC) Economy


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United States / North Carolina / No Metro Area / Hyde County / Engelhard / Engelhard (zip 27824)
27824 Engelhard, NC is a small rural community located on the Outer Banks of North Carolina. It offers beautiful scenery and plenty of outdoor activities for its residents to enjoy. The cost of living in this area is quite low - the average two bedroom rent is only $790, much lower than the US average of $1,430. Similarly, the Grocery Cost Index here is 96 versus 100 in the US. For those looking to save money while still enjoying all that Engelhard has to offer, this could be an ideal choice. There are a variety of local businesses in Engelhard providing essential goods and services; some of these include R&W Convenience Store, Sandy Point Marina & Restaurant, Gaskill and Company Real Estate & Vacation Rentals and Friends of Mattamuskeet National Wildlife Refuge Inc.

Engelhard (zip 27824) has an unemployment rate of 8.4%. The US average is 6.0%.

Engelhard (zip 27824) has seen the job market decrease by -1.2% over the last year. Future job growth over the next ten years is predicted to be 14.4%, which is lower than the US average of 33.5%.

Tax Rates for Engelhard (zip 27824)
- The Sales Tax Rate for Engelhard (zip 27824) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Engelhard (zip 27824) 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 Engelhard (zip 27824)
- The average income of a Engelhard (zip 27824) resident is $17,299 a year. The US average is $28,555 a year.
- The Median household income of a Engelhard (zip 27824) resident is $48,040 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEngelhard, North CarolinaUnited States
  8.46
  -8.9%-6.2%
  14.4%33.5%
  6.8%6.2%
  5.3%4.6%
  $17,075$37,638
  $48,040$69,021
  $46,125$85,028
  Population by Occupation
  9.9%1.2%
  0.0%0.5%
  16.5%6.8%
  2.4%10.0%
  0.0%2.5%
  12.7%11.0%
  10.3%4.8%
  0.0%0.8%
  0.0%1.9%
  7.7%4.7%
  9.0%1.9%
  9.5%7.6%
  0.0%0.1%
  0.2%4.2%
  3.7%9.3%
  4.4%14.0%
  0.0%2.1%
  7.7%7.0%
  5.9%4.8%
  0.0%4.7%
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