Zip 27310 (Oak Ridge, NC) Economy


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Oak Ridge, NC (27310) is an affluent suburb located in Guilford County with an estimated population of just over 6,000 people. It is known for its picturesque suburban setting, which includes tree-lined streets and numerous parks.The 2 bedroom rent in Oak Ridge is $1,100 whereas the US average for a two bedroom rent is $1,430 thus making it an attractive choice for those looking to find a place to live at a lower cost. The Grocery Cost Index in Oak Ridge is 103 compared to 100 in the US indicating that goods are slightly more expensive here than the national average.
Oak Ridge residents have access to many local businesses where they can shop for everyday needs. Some popular places include Food Lion, Walmart Supercenter and Lowe’s Home Improvement Store. There are also many locally owned restaurants such as Giannina's Pizza Cafe and Fresca Mexican Grill & Bar. For entertainment options there are several movie theaters nearby like Regal Cinemas Greensboro Grande Stadium 16 & RPX and Grand Theater at Four Seasons Town Centre.

Oak Ridge (zip 27310) has an unemployment rate of 5.3%. The US average is 6.0%.

Oak Ridge (zip 27310) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 32.1%, which is lower than the US average of 33.5%.

Tax Rates for Oak Ridge (zip 27310)
- The Sales Tax Rate for Oak Ridge (zip 27310) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Oak Ridge (zip 27310) 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 Ridge (zip 27310)
- The average income of a Oak Ridge (zip 27310) resident is $37,642 a year. The US average is $28,555 a year.
- The Median household income of a Oak Ridge (zip 27310) resident is $143,036 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOak Ridge, North CarolinaUnited States
  5.36
  -7.6%-6.2%
  32.1%33.5%
  6.8%6.2%
  5.3%4.6%
  $53,890$37,638
  $143,036$69,021
  $148,276$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  4.8%6.8%
  16.7%10.0%
  4.3%2.5%
  15.4%11.0%
  3.1%4.8%
  0.3%0.8%
  1.8%1.9%
  11.7%4.7%
  2.0%1.9%
  14.0%7.6%
  0.0%0.1%
  1.4%4.2%
  4.2%9.3%
  9.6%14.0%
  0.8%2.1%
  2.8%7.0%
  3.4%4.8%
  3.2%4.7%
Health