Zip 27884 (Stokes, NC) Economy


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27884 Stokes, North Carolina is a small rural town with a population of only 882 people. It offers numerous opportunities for its residents to engage in recreational activities as well as outdoor exploration. The town's cost of living is quite affordable; the average two bedroom rent comes to around $960, which is much less expensive than the US rate of $1,430. In addition, grocery costs are also relatively inexpensive with an index score of 92 compared to 100 in the US.
There are several businesses located in 27884 Stokes, most notably a tire shop called Stokes Tire & Auto Service and an auto body shop called Deans Collision Center. Both offer quality services at competitive prices. Additionally, there are several annual events that take place in the town including the annual Mule Day Festival and the Christmas Parade. These events are great for locals and visitors alike to enjoy music, food and entertainment while appreciating their community's unique culture.

Stokes (zip 27884) has an unemployment rate of 4.6%. The US average is 6.0%.

Stokes (zip 27884) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Stokes (zip 27884)
- The Sales Tax Rate for Stokes (zip 27884) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Stokes (zip 27884) 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 Stokes (zip 27884)
- The average income of a Stokes (zip 27884) resident is $22,936 a year. The US average is $28,555 a year.
- The Median household income of a Stokes (zip 27884) resident is $52,553 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyStokes, North CarolinaUnited States
  4.66
  -5.8%-6.2%
  32.0%33.5%
  7.0%6.2%
  5.3%4.6%
  $17,195$37,638
  $52,553$69,021
  $53,457$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  12.4%6.8%
  16.2%10.0%
  3.4%2.5%
  10.7%11.0%
  0.0%4.8%
  0.0%0.8%
  0.0%1.9%
  1.2%4.7%
  0.0%1.9%
  2.1%7.6%
  0.0%0.1%
  0.0%4.2%
  4.5%9.3%
  10.1%14.0%
  0.0%2.1%
  35.3%7.0%
  4.0%4.8%
  0.0%4.7%
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