Zip 27315 (Providence, NC) Economy


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United States / North Carolina / No Metro Area / Caswell County / No City / Providence (zip 27315)
Providence, NC, with a population of 27315 people, is an attractive place to live. The cost of living is relatively low with 2 bedroom rent being only $760 compared to the US average of $1,430. Groceries are also quite affordable in Providence with a grocery cost index of 95 versus 100 in the US. Popular companies located in Providence include Family Dollar, Piedmont Natural Gas Company, and Colonial Welding Supply Inc.

Providence (zip 27315) has an unemployment rate of 5.1%. The US average is 6.0%.

Providence (zip 27315) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 30.2%, which is lower than the US average of 33.5%.

Tax Rates for Providence (zip 27315)
- The Sales Tax Rate for Providence (zip 27315) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Providence (zip 27315) 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 Providence (zip 27315)
- The average income of a Providence (zip 27315) resident is $22,443 a year. The US average is $28,555 a year.
- The Median household income of a Providence (zip 27315) resident is $57,829 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyProvidence, North CarolinaUnited States
  5.16
  -6.6%-6.2%
  30.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $27,652$37,638
  $57,829$69,021
  $69,741$85,028
  Population by Occupation
  3.1%1.2%
  0.8%0.5%
  16.3%6.8%
  13.5%10.0%
  1.4%2.5%
  7.2%11.0%
  1.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.3%1.9%
  9.2%7.6%
  0.0%0.1%
  1.0%4.2%
  20.4%9.3%
  7.7%14.0%
  3.7%2.1%
  3.9%7.0%
  3.5%4.8%
  6.7%4.7%
Health