Spartanburg, South Carolina (29301) is a great place to live and work. The median 2 bedroom rent in Spartanburg is $1,050 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Spartanburg is 95, which is 5% lower than the US index of 100. This makes for great savings when grocery shopping!
In terms of employment opportunities, Spartanburg offers a wide range of jobs through local companies such as BMW Manufacturing Co., AFLAC Inc., and Milliken & Co. Moreover, local businesses such as Concept Solutions LLC., Tindall Corporation and Synchronous Solutions provide opportunity for tech-savvy individuals. With an overall strong economy and low cost of living there are many reasons to call Spartanburg home!
Spartanburg (zip 29301) has an unemployment rate of 6.7%. The US average is 6.0%.
Spartanburg (zip 29301) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.
Tax Rates for Spartanburg (zip 29301)
- The Sales Tax Rate for Spartanburg (zip 29301) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spartanburg (zip 29301) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Spartanburg (zip 29301)
- The average income of a Spartanburg (zip 29301) resident is $23,151 a year. The US average is $28,555 a year.
- The Median household income of a Spartanburg (zip 29301) resident is $50,221 a year. The US average is $69,021 a year.