Zip 27617 (Raleigh, NC) Economy


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Raleigh, North Carolina (27617) is an attractive city to live in for many reasons. It features world-class museums, vibrant nightlife, and excellent parks. The two-bedroom rental rate in Raleigh is $1,650 per month, which is higher than the national average of $1,430. In terms of grocery costs, the area has a cost index of 101 which is slightly more expensive than the average index score of 100. There are plenty of local companies in the region that residents can take advantage of such as WakeMed Health & Hospitals, North Carolina Museum of Art, and Research Triangle Park. With all these benefits offered to its citizens, it's no wonder why Raleigh remains an attractive place to live.

Raleigh (zip 27617) has an unemployment rate of 4.3%. The US average is 6.0%.

Raleigh (zip 27617) has seen the job market decrease by -5.2% 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 27617)
- The Sales Tax Rate for Raleigh (zip 27617) is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Raleigh (zip 27617) 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 27617)
- The average income of a Raleigh (zip 27617) resident is $58,070 a year. The US average is $37,638 a year.
- The Median household income of a Raleigh (zip 27617) resident is $96,081 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRaleigh, North CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Raleigh
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I did a 6 month internship here, and was able to visit many of the suburbs and areas surrounding Raleigh. I lived in Brier Creek, in one of the many new apartment  More

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