Zip 29512 (Bennettsville, SC) Economy


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29512 Bennettsville, SC is a small town located in Marlboro County. It has a population of around 8,000 people and features many local businesses such as Bennettsville Hardware & Supply Co., Sandhills Pediatrics, and Stone Chapel Church. The cost of living in 29512 Bennettsville, SC is relatively low compared to other areas in the United States. According to data provided by Numbeo, the monthly median rent for a two bedroom apartment costs $690 versus the US median rent of $1,430. Furthermore, Numbeo has also reported that the grocery cost index for 29512 Bennettsville is 92 versus 100 in the US. Overall, 29512 Bennettsville provides affordable housing and groceries making it an attractive place to live on a budget.

Bennettsville (zip 29512) has an unemployment rate of 8.6%. The US average is 6.0%.

Bennettsville (zip 29512) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.

Tax Rates for Bennettsville (zip 29512)
- The Sales Tax Rate for Bennettsville (zip 29512) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bennettsville (zip 29512) 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 Bennettsville (zip 29512)
- The average income of a Bennettsville (zip 29512) resident is $14,638 a year. The US average is $28,555 a year.
- The Median household income of a Bennettsville (zip 29512) resident is $34,636 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBennettsville, South CarolinaUnited States
  8.66
  -3.3%-6.2%
  24.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $17,109$37,638
  $34,636$69,021
  $48,775$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  4.6%6.8%
  29.8%10.0%
  4.1%2.5%
  11.0%11.0%
  4.5%4.8%
  0.9%0.8%
  0.7%1.9%
  0.9%4.7%
  0.1%1.9%
  2.0%7.6%
  0.0%0.1%
  1.6%4.2%
  9.3%9.3%
  12.5%14.0%
  0.7%2.1%
  6.4%7.0%
  2.2%4.8%
  8.0%4.7%
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