Zip 28657 (Newland, NC) Economy


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United States / North Carolina / No Metro Area / Avery County / Newland / Newland (zip 28657)
28657 Newland, NC is a vibrant and growing community in the northwestern part of the state. The average 2 bedroom rent for the area is $850, which is significantly lower than the national average of $1,430. Residents can also take advantage of the relatively low cost of groceries in 28657 Newland; the Grocery Cost Index in the area is 97 versus 100 for the entire US.
The town offers a variety of services for both locals and visitors alike, including local businesses such as Cove Creek Outfitters, Smoky Mountain Inn & Suites, and Grandfather’s Pub & Grille. Additionally, there are several attractions to explore nearby including Grandfather Mountain State Park which features miles of hiking trails and stunning views from 5,946 feet above sea level. 28657 Newland also has its own theater known as Avery County Playhouse which provides year-round entertainment ranging from classic plays to popular musicals.

Newland (zip 28657) has an unemployment rate of 4.1%. The US average is 6.0%.

Newland (zip 28657) has seen the job market decrease by -6.6% over the last year. Future job growth over the next ten years is predicted to be 31.8%, which is lower than the US average of 33.5%.

Tax Rates for Newland (zip 28657)
- The Sales Tax Rate for Newland (zip 28657) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Newland (zip 28657) 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 Newland (zip 28657)
- The average income of a Newland (zip 28657) resident is $26,988 a year. The US average is $37,638 a year.
- The Median household income of a Newland (zip 28657) resident is $43,762 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewland, 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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