Zip 29601 (Greenville, SC) Economy


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29601 Greenville, SC is a great place to live if you're looking for an affordable lifestyle. The 2 bedroom rent in this area is $1,310 which is significantly lower than the US average of $1,430. Grocery cost index in 29601 Greenville, SC is 102 versus the national average of 100, meaning that groceries are slightly more costly here than in other cities.
Greenville is home to numerous companies, including Michelin North America Inc., Furman University and Fluor Corporation. Other notable employers include ScanSource Inc., Bon Secours St. Francis Health System and IBM Corporation. There are also a number of local small businesses such as Tin Lizzy's Cantina, Sully's Steamers and Kimbrell's Furniture that contribute to the economy of the region.

Greenville (zip 29601) has an unemployment rate of 4.4%. The US average is 6.0%.

Greenville (zip 29601) 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 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Greenville (zip 29601)
- The Sales Tax Rate for Greenville (zip 29601) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville (zip 29601) 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 Greenville (zip 29601)
- The average income of a Greenville (zip 29601) resident is $31,063 a year. The US average is $28,555 a year.
- The Median household income of a Greenville (zip 29601) resident is $65,866 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenville, South CarolinaUnited States
  4.46
  -3.2%-6.2%
  39.8%33.5%
  6.0%6.2%
  7.0%4.6%
  $58,839$37,638
  $65,866$69,021
  $123,935$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  3.6%6.8%
  17.7%10.0%
  3.4%2.5%
  6.4%11.0%
  2.7%4.8%
  0.6%0.8%
  2.5%1.9%
  7.9%4.7%
  3.3%1.9%
  12.6%7.6%
  0.2%0.1%
  3.5%4.2%
  5.6%9.3%
  14.9%14.0%
  2.5%2.1%
  7.1%7.0%
  2.4%4.8%
  2.9%4.7%
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