Zip 27878 (Sharpsburg, NC) Economy


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The small town of Sharpsburg, NC with a population of 2,878 is an area full of charm and beauty. The rents for two-bedroom apartments in the area are very affordable at an estimated $870. This is much lower than the national two-bedroom rent average which stands at $1,430. Additionally, grocery costs in Sharpsburg are quite economical as indicated by their Grocery Cost Index (GCI) score – it is 92 compared to the national average which stands at 100. This makes Sharpsburg a great place to live if you're looking for an affordable way of life. There are many local businesses that make this town special such as K&G Auto Repair, Bank Street Florist, B&B Lawn Care & Landscaping and H&H Body Shop. All these companies contribute to making Sharpsburg a delightful place to be and it's clear why people choose to call it home.

Sharpsburg (zip 27878) has an unemployment rate of 5.8%. The US average is 6.0%.

Sharpsburg (zip 27878) has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 21.2%, which is lower than the US average of 33.5%.

Tax Rates for Sharpsburg (zip 27878)
- The Sales Tax Rate for Sharpsburg (zip 27878) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Sharpsburg (zip 27878) 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 Sharpsburg (zip 27878)
- The average income of a Sharpsburg (zip 27878) resident is $15,074 a year. The US average is $28,555 a year.
- The Median household income of a Sharpsburg (zip 27878) resident is $27,146 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySharpsburg, North CarolinaUnited States
  5.86
  -6.9%-6.2%
  21.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $18,152$37,638
  $27,146$69,021
  $26,604$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  5.0%6.8%
  17.4%10.0%
  0.0%2.5%
  6.7%11.0%
  9.3%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  3.6%1.9%
  0.0%7.6%
  0.0%0.1%
  9.1%4.2%
  4.8%9.3%
  13.6%14.0%
  0.0%2.1%
  17.4%7.0%
  3.8%4.8%
  2.6%4.7%
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