Zip 27890 (Weldon, NC) Economy


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Weldon, NC is a small town located in Halifax County with an estimated population of 27890. The cost of living in Weldon is relatively very affordable compared to the US average. The cost of two-bedroom rentals is around $670 per month, which is substantially lower than the US average of $1,430. Similarly, the Grocery Cost Index for Weldon stands at 93 as opposed to 100 in the US. \nWeldon is home to several companies, including but not limited to: Weldon Pharmacy Inc., Day and Night Plumbing & Electric LLC, and Kloeckner Metals Corporation. These businesses offer employment opportunities in various fields such as retail and construction. There are also many agricultural farms that provide produce to local grocery stores and restaurants. Overall, Weldon is a great place to live due to its affordability and access to local business opportunities.

Weldon (zip 27890) has an unemployment rate of 6.9%. The US average is 6.0%.

Weldon (zip 27890) has seen the job market decrease by -0.7% over the last year. Future job growth over the next ten years is predicted to be 21.6%, which is lower than the US average of 33.5%.

Tax Rates for Weldon (zip 27890)
- The Sales Tax Rate for Weldon (zip 27890) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Weldon (zip 27890) 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 Weldon (zip 27890)
- The average income of a Weldon (zip 27890) resident is $16,562 a year. The US average is $28,555 a year.
- The Median household income of a Weldon (zip 27890) resident is $34,563 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWeldon, North CarolinaUnited States
  6.96
  -6.1%-6.2%
  21.6%33.5%
  7.0%6.2%
  5.3%4.6%
  $17,000$37,638
  $34,563$69,021
  $36,639$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  4.7%6.8%
  22.5%10.0%
  0.3%2.5%
  17.5%11.0%
  8.6%4.8%
  1.6%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.1%7.6%
  0.0%0.1%
  1.6%4.2%
  7.5%9.3%
  18.1%14.0%
  0.3%2.1%
  6.6%7.0%
  0.3%4.8%
  7.3%4.7%
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