Executive Financial Report: Scranton (27875)
Evaluating relocation options in Hyde? The financial benchmark for residing in Scranton, NC (27875) indicates that a single worker needs roughly $3,258 monthly ($39,092.441 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $594 per month—just 18% of baseline expenses—Scranton offers exceptionally competitive housing costs compared to wider metropolitan averages across North Carolina.
Household earnings in Scranton generally align with basic living standards. With an area median family income of $48,094, local workers earn roughly 1.23x the baseline living cost ($39,092.441/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
Tax obligations represent roughly 16% ($528/month) of baseline monthly spending in zip code 27875. State and federal tax obligations form a consistent component of monthly financial planning. Meanwhile, essential groceries average $282 monthly for single adults.
In summary, living in Scranton, NC requires balancing local real estate conditions with prevailing regional wage structures. Use the interactive calculator below to adjust these benchmarks for multi-person family households or compare 27875 against other US destinations.