Zip 27581 (Stem, NC) Economy


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United States / North Carolina / No Metro Area / Granville County / Stem / Stem (zip 27581)
27581 Stem, North Carolina is a quaint and peaceful town tucked away in Granville County. Residents enjoy easy access to local amenities and attractions due to its close proximity to nearby cities. The median two bedroom rent in Stem is $990, which is significantly lower than the national average of $1,430. Additionally, residents of Stem benefit from a Grocery Cost Index of 96, which is much lower than the US Index of 100.
Stem offers many great local businesses and services for its residents. Local favorites include Carter's Dairy Bar & Grill, a popular restaurant serving up classic American fare for breakfast and lunch; R&R Auto Sales, your go-to source for automotive repair and servicing; and Barker Creek Produce & Plants, where you can find fresh fruits and vegetables as well as beautiful flowers for your garden.
Whatever you are looking for, you are sure to find it in Stem. With its affordable housing prices, low grocery costs, quaint atmosphere and selection of great local businesses – this small town is worth checking out!

Stem (zip 27581) has an unemployment rate of 3.8%. The US average is 6.0%.

Stem (zip 27581) has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 40.7%, which is higher than the US average of 33.5%.

Tax Rates for Stem (zip 27581)
- The Sales Tax Rate for Stem (zip 27581) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Stem (zip 27581) 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 Stem (zip 27581)
- The average income of a Stem (zip 27581) resident is $21,503 a year. The US average is $28,555 a year.
- The Median household income of a Stem (zip 27581) resident is $64,286 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStem, North CarolinaUnited States
  3.86
  -5.4%-6.2%
  40.7%33.5%
  6.8%6.2%
  5.3%4.6%
  $31,691$37,638
  $64,286$69,021
  $72,292$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  1.8%6.8%
  9.7%10.0%
  2.2%2.5%
  7.3%11.0%
  5.2%4.8%
  1.3%0.8%
  0.5%1.9%
  3.1%4.7%
  2.7%1.9%
  1.5%7.6%
  0.0%0.1%
  9.9%4.2%
  6.7%9.3%
  25.6%14.0%
  1.4%2.1%
  4.9%7.0%
  6.5%4.8%
  9.0%4.7%
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