Zip 27863 (Pikeville, NC) Economy


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27863 Pikeville, NC is a small town situated in Wayne County. It is home to a variety of local companies and amenities such as Walmart, Food Lion grocery stores, CVS Pharmacy, and Dollar General. The 2 bedroom rent in 27863 Pikeville is significantly lower than the US average of $1,430 per month at just $1,160 per month. Additionally, the Grocery Cost Index in this city is 94 compared to the US's 100 index value. This means groceries are relatively cheaper here than elsewhere. Other amenities that people living here can enjoy include parks, churches, schools, banks and other shops. There are also plenty of restaurants offering a variety of cuisines for residents to explore and enjoy.

Pikeville (zip 27863) has an unemployment rate of 4.8%. The US average is 6.0%.

Pikeville (zip 27863) has seen the job market decrease by -5.5% over the last year. Future job growth over the next ten years is predicted to be 23.8%, which is lower than the US average of 33.5%.

Tax Rates for Pikeville (zip 27863)
- The Sales Tax Rate for Pikeville (zip 27863) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Pikeville (zip 27863) 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 Pikeville (zip 27863)
- The average income of a Pikeville (zip 27863) resident is $31,766 a year. The US average is $37,638 a year.
- The Median household income of a Pikeville (zip 27863) resident is $74,225 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPikeville, North CarolinaUnited States
  4.86
  -5.5%-6.2%
  23.8%33.5%
  6.8%6.2%
  5.3%4.6%
  $31,766$37,638
  $74,225$69,021
  $76,454$85,028
  Population by Occupation
  3.3%1.2%
  0.0%0.5%
  5.8%6.8%
  12.6%10.0%
  5.2%2.5%
  15.0%11.0%
  3.7%4.8%
  0.6%0.8%
  1.6%1.9%
  0.8%4.7%
  1.1%1.9%
  6.3%7.6%
  0.0%0.1%
  3.2%4.2%
  8.2%9.3%
  16.8%14.0%
  0.6%2.1%
  6.0%7.0%
  3.1%4.8%
  6.1%4.7%
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