Zip 28447 (Ivanhoe, NC) Economy


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United States / North Carolina / No Metro Area / Sampson County / Ivanhoe / Ivanhoe (zip 28447)
28447 Ivanhoe, NC is a small town located in Montgomery County. It is home to around 545 people and offers an affordable cost of living. The average 2 Bedroom Rent in Ivanhoe is $870 which is much lower than the US average of $1,430. Additionally, the Grocery Cost Index in Ivanhoe is 96 compared to the US index of 100, indicating that groceries are more affordable in this area. \nThe town has some local businesses such as Wampler's Fish & Chips, TidalWave Car Wash & Detail Center, and Jeno's Pizzeria. There is also a short drive away from the city where you can find larger stores like Walmart and Lowes.

Ivanhoe (zip 28447) has an unemployment rate of 4.3%. The US average is 6.0%.

Ivanhoe (zip 28447) has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 25.1%, which is lower than the US average of 33.5%.

Tax Rates for Ivanhoe (zip 28447)
- The Sales Tax Rate for Ivanhoe (zip 28447) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Ivanhoe (zip 28447) 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 Ivanhoe (zip 28447)
- The average income of a Ivanhoe (zip 28447) resident is $17,420 a year. The US average is $28,555 a year.
- The Median household income of a Ivanhoe (zip 28447) resident is $42,853 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyIvanhoe, North CarolinaUnited States
  4.36
  -6.0%-6.2%
  25.1%33.5%
  7.0%6.2%
  5.3%4.6%
  $35,190$37,638
  $42,853$69,021
  $45,865$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  5.0%6.8%
  16.1%10.0%
  1.3%2.5%
  10.5%11.0%
  2.4%4.8%
  2.6%0.8%
  0.0%1.9%
  0.0%4.7%
  21.9%1.9%
  2.8%7.6%
  0.0%0.1%
  1.7%4.2%
  0.0%9.3%
  3.7%14.0%
  0.9%2.1%
  0.0%7.0%
  17.7%4.8%
  2.7%4.7%
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