Zip 28556 (Merritt, NC) Economy


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28556 Merritt, NC is an ideal place to live for those looking for a cost-effective lifestyle. Renting a two bedroom in the area costs only $1,080, compared to the US rate of $1,430. Additionally, the area has a lower grocery cost index, coming in at 99 versus 100 in the US. Local companies like The Seaman Company and Walker Trucking are just two of many that make up Merritt's job market. For leisure activities there are many attractions nearby such as Carvers Creek State Park and Sassafras Trading Company. Living in 28556 Merritt is great for those who want an affordable home with plenty of nearby amenities.

Merritt (zip 28556) has an unemployment rate of 4.2%. The US average is 6.0%.

Merritt (zip 28556) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Merritt (zip 28556)
- The Sales Tax Rate for Merritt (zip 28556) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Merritt (zip 28556) 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 Merritt (zip 28556)
- The average income of a Merritt (zip 28556) resident is $20,340 a year. The US average is $28,555 a year.
- The Median household income of a Merritt (zip 28556) resident is $73,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMerritt, North CarolinaUnited States
  4.26
  -5.4%-6.2%
  29.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $36,578$37,638
  $73,750$69,021
  $96,071$85,028
  Population by Occupation
  2.1%1.2%
  3.5%0.5%
  7.4%6.8%
  2.7%10.0%
  3.5%2.5%
  9.1%11.0%
  5.3%4.8%
  0.0%0.8%
  2.1%1.9%
  3.5%4.7%
  0.0%1.9%
  7.1%7.6%
  0.0%0.1%
  0.0%4.2%
  29.2%9.3%
  4.1%14.0%
  0.0%2.1%
  1.5%7.0%
  15.0%4.8%
  3.8%4.7%
Health