27875 Scranton, NC is a small town located in the rural part of Halifax County. This area is known for its affordable living, with a two bedroom rent being only $790 per month. The US average for a two bedroom rent is $1,430 which makes this area very attractive to those looking to save money on rent. In addition, the grocery cost index in 27875 Scranton, NC is 94 compared to 100 in the US making groceries more affordable as well.
There are many local companies that make up the economy of 27875 Scranton, NC. Companies such as Grace N' Grits BBQ Co., Pate’s Mill Company and Carolina Tractor & Equipment provide jobs for locals as well as tourists visiting the area. Another important employer to this small town is Halifax County Schools where many locals find employment.
Overall, 27875 Scranton, NC offers an attractive quality of life at an affordable price point due to its low rent and grocery costs compared to the national averages. With its strong employment opportunities and beautiful scenery it's no surprise that this small town has been growing in popularity recently.
Scranton (zip 27875) has an unemployment rate of 8.4%. The US average is 6.0%.
Scranton (zip 27875) has seen the job market decrease by -8.9% over the last year. Future job growth over the next ten years is predicted to be 14.4%, which is lower than the US average of 33.5%.
Tax Rates for Scranton (zip 27875)
- The Sales Tax Rate for Scranton (zip 27875) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Scranton (zip 27875) 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 Scranton (zip 27875)
- The average income of a Scranton (zip 27875) resident is $19,510 a year. The US average is $37,638 a year.
- The Median household income of a Scranton (zip 27875) resident is $0 a year. The US average is $69,021 a year.