Raleigh, North Carolina, zip code 27614 is a great place to live due to its affordability and close proximity to amenities. The average two bedroom rent in Raleigh is $1,530 compared to the US average of $1,430. Grocery costs index in Raleigh is at 104 versus the national average of 100. Living in Raleigh provides access to many local companies which provide numerous job opportunities including Red Hat, PNC Financial Services Group, Biogen, and IBM. Other well-known companies that are located nearby are Lenovo and Honeywell International Inc. With so many options available for employment and affordable housing options, Raleigh is a great choice for those looking for a place to call home.
Raleigh (zip 27614) has an unemployment rate of 4.3%. The US average is 6.0%.
Raleigh (zip 27614) 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 27614)
- The Sales Tax Rate for Raleigh (zip 27614) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27614) 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 27614)
- The average income of a Raleigh (zip 27614) resident is $45,317 a year. The US average is $28,555 a year.
- The Median household income of a Raleigh (zip 27614) resident is $119,151 a year. The US average is $69,021 a year.