27292 Lexington, NC is a great place to live for those looking for an affordable lifestyle. The average 2 bedroom rent in the area is $820, which is significantly lower than the national average of $1430. Additionally, the Grocery Cost Index in 27292 Lexington, NC is 95 versus 100 in the US. This makes eating out and grocery shopping more affordable than other areas. The 27292 zip code is home to many local businesses including High Rock Outfitters, Finley’s that offer outdoor apparel and Carolina Gunrunners that offers gun sales as well as training classes. There are also several great restaurants including JP Looneys which serves delicious American fare and Carolina Pizza Company for Italian-inspired entrees. With its low cost of living and abundance of local businesses, 27292 Lexington, NC is a desirable place to call home.
Lexington (zip 27292) has an unemployment rate of 4.4%. The US average is 6.0%.
Lexington (zip 27292) has seen the job market decrease by -6.9% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Lexington (zip 27292)
- The Sales Tax Rate for Lexington (zip 27292) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 27292) 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 Lexington (zip 27292)
- The average income of a Lexington (zip 27292) resident is $24,002 a year. The US average is $37,638 a year.
- The Median household income of a Lexington (zip 27292) resident is $44,614 a year. The US average is $69,021 a year.