Kannapolis, NC is a small city located in Cabarrus County just north of Charlotte. With a population of 28,081, Kannapolis offers residents an affordable cost of living. The average two-bedroom apartment in the area rents for $1,030 while the US average is $1,430. Grocery costs are also below the national average with an index of 95 versus 100 in the US.
Kannapolis offers its residents plenty of opportunities to explore the outdoors and stay active with local parks such as City Lake Park and Veteran’s Park. Other attractions include the North Carolina Music Hall of Fame and Charles Mack Citizen Center. There are many businesses located in Kannapolis including Food Lion supermarkets, CMC-NorthEast Medical Center and Cannon Mills shopping center.
Kannapolis (zip 28081) has an unemployment rate of 4.8%. The US average is 6.0%.
Kannapolis (zip 28081) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 48.4%, which is higher than the US average of 33.5%.
Tax Rates for Kannapolis (zip 28081)
- The Sales Tax Rate for Kannapolis (zip 28081) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Kannapolis (zip 28081) 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 Kannapolis (zip 28081)
- The average income of a Kannapolis (zip 28081) resident is $21,244 a year. The US average is $28,555 a year.
- The Median household income of a Kannapolis (zip 28081) resident is $57,867 a year. The US average is $69,021 a year.