Zip 28625 (Statesville, NC) Economy


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28625 Statesville, NC is a great place to live for those looking for affordable rent and grocery prices. The two-bedroom rent in this area is $930, which is slightly lower than the nationwide average of $1,430; additionally, the Grocery Cost Index in 28625 Statesville, NC is 96 versus 100 in the US. Local companies that offer competitive pricing include Walmart Supercenter, Lowe's Home Improvement Warehouse, Food Lion Grocery Store and Dollar Tree discount store. These stores provide excellent value to shoppers who are looking to stretch their dollars further when budgeting for groceries.

Statesville (zip 28625) has an unemployment rate of 6.3%. The US average is 6.0%.

Statesville (zip 28625) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Statesville (zip 28625)
- The Sales Tax Rate for Statesville (zip 28625) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Statesville (zip 28625) 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 Statesville (zip 28625)
- The average income of a Statesville (zip 28625) resident is $22,417 a year. The US average is $28,555 a year.
- The Median household income of a Statesville (zip 28625) resident is $55,299 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStatesville, North CarolinaUnited States
  6.36
  -5.6%-6.2%
  42.3%33.5%
  6.8%6.2%
  5.3%4.6%
  $29,984$37,638
  $55,299$69,021
  $65,189$85,028
  Population by Occupation
  1.6%1.2%
  0.2%0.5%
  6.5%6.8%
  20.6%10.0%
  3.6%2.5%
  12.8%11.0%
  6.8%4.8%
  0.6%0.8%
  0.7%1.9%
  2.1%4.7%
  1.3%1.9%
  3.6%7.6%
  0.1%0.1%
  3.5%4.2%
  7.9%9.3%
  12.5%14.0%
  1.7%2.1%
  5.8%7.0%
  4.5%4.8%
  3.6%4.7%
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