Zip 28351 (Laurel Hill, NC) Economy


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Located in 28351 Laurel Hill, NC, the average 2 bedroom rent is $690, comparatively lower to the US average of $1,430. In addition to more affordable housing, the Grocery Cost Index in this area is also lower than the nationwide average with 93 versus 100 respectively. This makes Laurel Hill a great place to live and work. The town has much to offer with an abundance of local companies such as Biscuitville, Carolina Carpet & Interiors Inc., and Halyburton Memorial Library. With its small-town charm, it's no wonder why people are choosing to make Laurel Hill their home.

Laurel Hill (zip 28351) has an unemployment rate of 8.9%. The US average is 6.0%.

Laurel Hill (zip 28351) has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 19.5%, which is lower than the US average of 33.5%.

Tax Rates for Laurel Hill (zip 28351)
- The Sales Tax Rate for Laurel Hill (zip 28351) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Laurel Hill (zip 28351) 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 Laurel Hill (zip 28351)
- The average income of a Laurel Hill (zip 28351) resident is $20,565 a year. The US average is $37,638 a year.
- The Median household income of a Laurel Hill (zip 28351) resident is $40,190 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLaurel Hill, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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