Zip 29626 (Anderson, SC) Economy


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Anderson, SC 29626 is a great place to live. It has an affordable two bedroom rent of just $910, which is significantly lower than the national average of $1,430. Additionally, the Grocery Cost Index in Anderson is 96 versus 100 in the US, meaning groceries are less expensive here. This makes it ideal for those looking to save money while living in a safe community. There are plenty of local companies that support Anderson, such as JMS Manufacturing Solutions, Anderson Retreading Company, and Clorox Clean-Up. These businesses provide products and services necessary for the economy and well-being of the city's citizens.

Anderson (zip 29626) has an unemployment rate of 4.5%. The US average is 6.0%.

Anderson (zip 29626) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Anderson (zip 29626)
- The Sales Tax Rate for Anderson (zip 29626) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Anderson (zip 29626) 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 Anderson (zip 29626)
- The average income of a Anderson (zip 29626) resident is $18,660 a year. The US average is $28,555 a year.
- The Median household income of a Anderson (zip 29626) resident is $52,569 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnderson, South CarolinaUnited States
  4.56
  -3.3%-6.2%
  32.0%33.5%
  7.0%6.2%
  7.0%4.6%
  $29,202$37,638
  $52,569$69,021
  $59,727$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  2.2%6.8%
  20.2%10.0%
  2.9%2.5%
  14.3%11.0%
  6.5%4.8%
  1.2%0.8%
  0.5%1.9%
  3.0%4.7%
  2.1%1.9%
  4.0%7.6%
  0.0%0.1%
  4.4%4.2%
  10.4%9.3%
  13.3%14.0%
  0.9%2.1%
  8.4%7.0%
  3.0%4.8%
  2.2%4.7%
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