Shannon, NC is a small town in South Carolina with a population of only 28386 people. It is home to some great businesses and companies that make it an ideal place to live. For example, there are retail stores like Walmart, Lowe's and Food Lion that offer goods at reasonable prices. In addition, there are also smaller local businesses such as The Garden Shoppe, which specializes in plants and landscaping supplies; Heritage Soap Co., which sells natural soaps and cosmetics; and Shannon Glass & Mirror Co., which provides custom glass services for windows and doors. Rent for two-bedroom apartments averages $860 per month, much lower than the US average of $1,430. Grocery cost index in Shannon is 92 compared to 100 in the US, so food costs are much more affordable than other parts of the country. All these benefits make Shannon a great place to call home!
Shannon (zip 28386) has an unemployment rate of 6.8%. The US average is 6.0%.
Shannon (zip 28386) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 21.7%, which is lower than the US average of 33.5%.
Tax Rates for Shannon (zip 28386)
- The Sales Tax Rate for Shannon (zip 28386) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Shannon (zip 28386) 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 Shannon (zip 28386)
- The average income of a Shannon (zip 28386) resident is $13,028 a year. The US average is $28,555 a year.
- The Median household income of a Shannon (zip 28386) resident is $28,173 a year. The US average is $69,021 a year.