Executive Financial Report: Ellerbe (28338)
Evaluating relocation options in Richmond? The financial benchmark for residing in Ellerbe, NC (28338) indicates that a single worker needs roughly $3,003 monthly ($36,032.309 annually) to maintain an adequate standard of living.
With typical rent and housing utilities averaging an affordable $594 per month—just 20% of baseline expenses—Ellerbe offers exceptionally competitive housing costs compared to wider metropolitan averages across North Carolina.
Household earnings in Ellerbe generally align with basic living standards. With an area median family income of $47,921, local workers earn roughly 1.33x the baseline living cost ($36,032.309/year). While adequate, maintaining a comfortable safety net requires mindful budgeting.
On the expenditure side, groceries and essential nutrition require approximately $227 per month in Ellerbe. Direct tax liabilities consume an estimated $476 monthly (16% of total baseline expenses). Factoring local tax structures into annual compensation planning is highly recommended.
Overall, Ellerbe (28338) presents a distinct economic profile within Richmond. Whether you are relocating for career advancement or evaluating localized living expenses, utilizing our interactive tools below will help you tailor these baseline figures to your exact household composition and salary.