Oak Island, NC is a beautiful coastal community with plenty of great things to offer its residents. The average two bedroom rent in the area is $1,110 which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Oak Island is 102 versus 100 in the US making it even more affordable for citizens living here.
The town of Oak Island has several local companies providing valuable services to its residents such as Coastal Pest Control, Lee's Painting & Home Maintenance Service, Joe's Landscaping and Irrigation, and Sea-N-Suds Laundromat. Each of these businesses strives to provide quality services at reasonable rates while supporting the local community.
Oak Island (zip 28465) has an unemployment rate of 5.8%. The US average is 6.0%.
Oak Island (zip 28465) has seen the job market decrease by -8.7% over the last year. Future job growth over the next ten years is predicted to be 42.8%, which is higher than the US average of 33.5%.
Tax Rates for Oak Island (zip 28465)
- The Sales Tax Rate for Oak Island (zip 28465) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oak Island (zip 28465) 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 Oak Island (zip 28465)
- The average income of a Oak Island (zip 28465) resident is $51,486 a year. The US average is $37,638 a year.
- The Median household income of a Oak Island (zip 28465) resident is $84,519 a year. The US average is $69,021 a year.