27105 Winston-Salem, NC is a great place to live and work. The average two bedroom rent of $860 is much lower than the US average of $1,430, making it an attractive option for many people looking to save on rent. Grocery cost index in 27105 Winston-Salem is 92 versus 100 in the US, adding to the affordability of this area. The city boasts excellent transportation options and local businesses like Wake Forest University Baptist Medical Center, Salem College, Hanesbrands Inc., Novant Health Forsyth Medical Center, Krispy Kreme Doughnuts Inc., and Reynolds American Inc. offer employment opportunities that make this a great place to live and work.
Winston-Salem (zip 27105) has an unemployment rate of 5.2%. The US average is 6.0%.
Winston-Salem (zip 27105) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 34.0%, which is higher than the US average of 33.5%.
Tax Rates for Winston-Salem (zip 27105)
- The Sales Tax Rate for Winston-Salem (zip 27105) is 6.8%. The US average is 7.3%.
- The Income Tax Rate for Winston-Salem (zip 27105) 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 Winston-Salem (zip 27105)
- The average income of a Winston-Salem (zip 27105) resident is $15,513 a year. The US average is $28,555 a year.
- The Median household income of a Winston-Salem (zip 27105) resident is $33,301 a year. The US average is $69,021 a year.