Zip 28166 (Troutman, NC) Economy


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28166 Troutman, NC is a great place to live. It has an average 2 bedroom rent of $1,190, which is lower than the national average of $1,430. Additionally, its grocery cost index stands at 98 versus 100 in the US, making it an affordable and attractive place for potential residents. The area also offers plenty of local businesses to explore including Troutman Feed & Seed Supply Inc., BISCO Industries Inc., and Ivey's Outdoor & Farm Supply. These companies provide quality services ranging from pet supplies to industrial products and outdoor gear making them ideal for all kinds of shoppers in the town. All in all, 28166 Troutman, NC is a great place to live with its low rent rates and abundance of local businesses.

Troutman (zip 28166) has an unemployment rate of 4.4%. The US average is 6.0%.

Troutman (zip 28166) 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 45.2%, which is higher than the US average of 33.5%.

Tax Rates for Troutman (zip 28166)
- The Sales Tax Rate for Troutman (zip 28166) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Troutman (zip 28166) 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 Troutman (zip 28166)
- The average income of a Troutman (zip 28166) resident is $24,349 a year. The US average is $28,555 a year.
- The Median household income of a Troutman (zip 28166) resident is $73,269 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTroutman, North CarolinaUnited States
  4.46
  -5.6%-6.2%
  45.2%33.5%
  6.8%6.2%
  5.3%4.6%
  $35,889$37,638
  $73,269$69,021
  $82,569$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.4%6.8%
  17.4%10.0%
  2.6%2.5%
  19.9%11.0%
  3.9%4.8%
  0.8%0.8%
  0.7%1.9%
  3.5%4.7%
  1.0%1.9%
  7.2%7.6%
  0.3%0.1%
  3.1%4.2%
  7.4%9.3%
  10.0%14.0%
  3.9%2.1%
  5.4%7.0%
  4.8%4.8%
  1.7%4.7%
Health