Raleigh, North Carolina (27605) is an ideal city to live in. It offers a variety of activities and attractions for its residents, ranging from big businesses such as Red Hat and SAS Institute to local hot spots like the North Carolina Museum of Art and Raleigh Little Theatre. The 2 bedroom rent in this area is $1,610 per month, higher than the US average of $1,430 but with the benefit of lower grocery costs as the index is at 108 compared to 100 in the US. Additionally, Raleigh boasts numerous parks like Pullen Park and Mordecai Historic Park that make it an ideal place for recreation or family-friendly activities. All these features make Raleigh a great place to live!
Raleigh (zip 27605) has an unemployment rate of 4.3%. The US average is 6.0%.
Raleigh (zip 27605) has seen the job market increase by 3.0% over the last year. Future job growth over the next ten years is predicted to be 44.2%, which is higher than the US average of 33.5%.
Tax Rates for Raleigh (zip 27605)
- The Sales Tax Rate for Raleigh (zip 27605) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27605) 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 Raleigh (zip 27605)
- The average income of a Raleigh (zip 27605) resident is $42,632 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh (zip 27605) resident is $58,253 a year. The US average is $69,021 a year.