Zip 27253 (Graham, NC) Economy


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27253 Graham, NC is located in Alamance County and offers a relatively affordable cost of living compared to the US. The average rent for a two-bedroom apartment is $1,000 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Graham is 96 versus 100 in the US. This makes groceries more affordable for residents living in Graham. The city has plenty of shopping and dining options as well with local companies such as Lowes Foods, Food Lion, Walmart, and Alamance Crossing Shopping Center. Living in Graham provides an excellent balance between affordability and convenience.

Graham (zip 27253) has an unemployment rate of 4.5%. The US average is 6.0%.

Graham (zip 27253) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 35.4%, which is higher than the US average of 33.5%.

Tax Rates for Graham (zip 27253)
- The Sales Tax Rate for Graham (zip 27253) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Graham (zip 27253) 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 Graham (zip 27253)
- The average income of a Graham (zip 27253) resident is $22,182 a year. The US average is $28,555 a year.
- The Median household income of a Graham (zip 27253) resident is $52,138 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGraham, North CarolinaUnited States
  4.56
  -6.6%-6.2%
  35.4%33.5%
  6.8%6.2%
  5.3%4.6%
  $29,241$37,638
  $52,138$69,021
  $62,470$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  8.1%6.8%
  14.8%10.0%
  2.7%2.5%
  13.3%11.0%
  3.7%4.8%
  1.0%0.8%
  0.6%1.9%
  2.4%4.7%
  1.1%1.9%
  4.7%7.6%
  0.0%0.1%
  5.9%4.2%
  11.0%9.3%
  14.1%14.0%
  0.6%2.1%
  5.7%7.0%
  4.6%4.8%
  4.7%4.7%
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