27840 Hamilton, NC is an affordable small town located in Martin County. The average two bedroom rent for this area is only $700, which is significantly lower than the U.S. average of $1,430. Although the Grocery Cost Index is slightly below the national average at 92 versus 100 in the US, it still offers plenty of options for residents to find what they need at local companies like Piggly Wiggly, Cooters Country Store, and Sheelys Grocery Store & Deli. Additionally, there are many amenities within the 27840 Hamilton area such as movie theaters, bowling alleys, parks and libraries that make it a great place to settle down or visit for a weekend getaway.
Hamilton (zip 27840) has an unemployment rate of 5.3%. The US average is 6.0%.
Hamilton (zip 27840) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 22.1%, which is lower than the US average of 33.5%.
Tax Rates for Hamilton (zip 27840)
- The Sales Tax Rate for Hamilton (zip 27840) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hamilton (zip 27840) 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 Hamilton (zip 27840)
- The average income of a Hamilton (zip 27840) resident is $18,722 a year. The US average is $37,638 a year.
- The Median household income of a Hamilton (zip 27840) resident is $28,125 a year. The US average is $69,021 a year.