Zip 27870 (Roanoke Rapids, NC) Economy


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Roanoke Rapids, North Carolina is a great place to live for those looking for an affordable living situation. The 2 bedroom rent rate in Roanoke Rapids is $820, much lower than the national average of $1,430. Additionally, according to the Grocery Cost Index, prices in Roanoke Rapids are 93 out of 100 compared to the US average. This makes it more affordable for people living there to buy groceries. Companies local to Roanoke Rapids include BB&T Bank, Walmart Supercenter, Food Lion Grocery Store and River Country 102.3 FM radio station. Overall, people looking for an affordable place to live should definitely consider 27870 Roanoke Rapids NC.

Roanoke Rapids (zip 27870) has an unemployment rate of 6.9%. The US average is 6.0%.

Roanoke Rapids (zip 27870) has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Roanoke Rapids (zip 27870)
- The Sales Tax Rate for Roanoke Rapids (zip 27870) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Roanoke Rapids (zip 27870) 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 Roanoke Rapids (zip 27870)
- The average income of a Roanoke Rapids (zip 27870) resident is $23,083 a year. The US average is $37,638 a year.
- The Median household income of a Roanoke Rapids (zip 27870) resident is $39,937 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyRoanoke Rapids, 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%
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