Sapphire, NC (zip code 28774) is a great place to live for those that enjoy small-town living with modern conveniences. This small town of just over 500 people has plenty of local businesses and amenities to make life enjoyable. Some of the local businesses include Sapphire Valley Ski Area and Golf Course, The Biltmore Company, and the Sapphire Valley Resort. With a grocery cost index of 102 compared to 100 in the US, food costs are just slightly higher than national averages. Not surprisingly, rent for a 2 bedroom is also slightly higher at $1,180 versus $1,430 nationally. Sapphire Valley provides plenty of recreational activities such as hiking trails in the nearby Blue Ridge Mountains and Nantahala National Forest as well as beautiful lakes perfect for boating and fishing adventures.
Sapphire (zip 28774) has an unemployment rate of 4.0%. The US average is 6.0%.
Sapphire (zip 28774) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 38.6%, which is higher than the US average of 33.5%.
Tax Rates for Sapphire (zip 28774)
- The Sales Tax Rate for Sapphire (zip 28774) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sapphire (zip 28774) 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 Sapphire (zip 28774)
- The average income of a Sapphire (zip 28774) resident is $35,423 a year. The US average is $28,555 a year.
- The Median household income of a Sapphire (zip 28774) resident is $106,683 a year. The US average is $69,021 a year.