Wilmington, NC (28401) is a relatively affordable city compared to the US as a whole. The typical rental cost for a 2 bedroom unit in this area is $1,150, which is significantly lower than the national average of $1,430. In addition, Wilmington has a Grocery Cost Index of 97, which is slightly lower than the national average of 100.
There are several local companies and grocery stores in Wilmington that residents can take advantage of. Some examples include Harris Teeter Grocery Store, Lowes Foods, Piggly Wiggly Grocery Store, and Food Lion. These stores offer a variety of fresh produce and pantry staples at reasonable prices. Other popular local companies in the area include GE Hitachi Nuclear Energy, Corning Optical Communications, Live Oak Bank and CastleBranch Inc. With its low rental costs and grocery index rating, Wilmington provides plenty of affordable options for living and shopping.
Wilmington (zip 28401) has an unemployment rate of 4.3%. The US average is 6.0%.
Wilmington (zip 28401) has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Wilmington (zip 28401)
- The Sales Tax Rate for Wilmington (zip 28401) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 28401) 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 Wilmington (zip 28401)
- The average income of a Wilmington (zip 28401) resident is $19,302 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington (zip 28401) resident is $40,555 a year. The US average is $69,021 a year.