Zip 29569 (Loris, SC) Economy


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29569 Loris, SC is a small city located in Horry County with a population of 3,543 according to the American Community Survey. This picturesque town is home to many gorgeous parks and lakes providing plenty of outdoor activities for its residents. The cost of living is much lower than the rest of South Carolina, with two bedroom rent averaging only $950 compared to the US average of $1,430. Additionally, the grocery cost index in Loris is 95 versus 100 in the US making it an affordable place to live.
Loris has several local businesses including Weldon's Garage, Hudson's Outdoors Center and K & S Automotive Group that offer goods and services such as automotive repair and supplies, recreational activities and more. Some notable local landmarks include Hillcrest Cemetery, Bear Swamp Park and Sinkhole Trailhead which provide a unique experience for visitors when exploring 29569 Loris.

Loris (zip 29569) has an unemployment rate of 6.3%. The US average is 6.0%.

Loris (zip 29569) 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 40.5%, which is higher than the US average of 33.5%.

Tax Rates for Loris (zip 29569)
- The Sales Tax Rate for Loris (zip 29569) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Loris (zip 29569) 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 Loris (zip 29569)
- The average income of a Loris (zip 29569) resident is $17,954 a year. The US average is $28,555 a year.
- The Median household income of a Loris (zip 29569) resident is $42,371 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLoris, South CarolinaUnited States
  6.36
  -5.1%-6.2%
  40.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $24,020$37,638
  $42,371$69,021
  $47,131$85,028
  Population by Occupation
  1.1%1.2%
  0.5%0.5%
  8.9%6.8%
  5.0%10.0%
  1.6%2.5%
  16.2%11.0%
  4.6%4.8%
  0.6%0.8%
  1.0%1.9%
  4.2%4.7%
  2.8%1.9%
  3.6%7.6%
  0.0%0.1%
  8.1%4.2%
  7.9%9.3%
  11.2%14.0%
  0.6%2.1%
  13.7%7.0%
  4.4%4.8%
  4.0%4.7%
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