Zip 29609 (Greenville, SC) Economy


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The city of Greenville, South Carolina (zip code 29609) is a popular destination for people looking to rent. According to current data, the average cost of a two-bedroom rental in the area is $1,010, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index for this area is equal to the national average at 100. This makes Greenville an attractive and affordable place to live.
Greenville has many local companies that make up its vibrant economy. Major employers in the area include BMW Manufacturing Company LLC, Greenville Health System (GHS), Michelin North America, and Greenwood Genetics Center. There are also many smaller businesses that contribute to Greenville's economy such as restaurants and retail stores like The Lazy Goat and Mast General Store.

Greenville (zip 29609) has an unemployment rate of 4.4%. The US average is 6.0%.

Greenville (zip 29609) 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 29609)
- The Sales Tax Rate for Greenville (zip 29609) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville (zip 29609) 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 29609)
- The average income of a Greenville (zip 29609) resident is $26,625 a year. The US average is $28,555 a year.
- The Median household income of a Greenville (zip 29609) resident is $55,511 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%
  $43,790$37,638
  $55,511$69,021
  $76,958$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  8.7%6.8%
  12.4%10.0%
  4.7%2.5%
  9.6%11.0%
  1.0%4.8%
  0.5%0.8%
  1.0%1.9%
  3.7%4.7%
  2.1%1.9%
  12.3%7.6%
  0.0%0.1%
  4.0%4.2%
  10.0%9.3%
  11.6%14.0%
  2.0%2.1%
  7.9%7.0%
  5.6%4.8%
  2.7%4.7%
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