Zip 28097 (Locust, NC) Economy


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28097 Locust, NC is an affordable area with a 2 bedroom rent of $940. This is much lower than the US average of $1,430 and also has a low Grocery Cost Index of 97 compared to the US average of 100. Living in this area is ideal for those who want to save money without compromising their standard of living. 28097 Locust, NC is home to several businesses such as Carolina Panthers Golf Course & Driving Range, Twin Hickory Country Club, and B+B Sewing Center. These local businesses provide employment opportunities and recreational activities for residents. The local economy is thriving due to the many amenities here in 28097 Locust, NC.

Locust (zip 28097) has an unemployment rate of 4.1%. The US average is 6.0%.

Locust (zip 28097) has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 37.6%, which is higher than the US average of 33.5%.

Tax Rates for Locust (zip 28097)
- The Sales Tax Rate for Locust (zip 28097) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Locust (zip 28097) 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 Locust (zip 28097)
- The average income of a Locust (zip 28097) resident is $29,018 a year. The US average is $37,638 a year.
- The Median household income of a Locust (zip 28097) resident is $54,195 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLocust, 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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