Moncks Corner is a town located in South Carolina and is part of Berkeley County. The area has a population of approximately 8,567 and is conveniently located near Charleston, Myrtle Beach, and Hilton Head Island. The average two bedroom rent in Moncks Corner is $1,250 compared to an average rent of $1,430 for the United States. Grocery costs are also lower with the Moncks Corner cost index at 100 versus a US average of 100. Local companies in Moncks Corner include CPM Federal Credit Union, The Home Agency Real Estate Professionals, Edwards Engineers & Surveyors Inc., Summers Automotive Group, and Palmetto State Pharmaceuticals. This makes Moncks Corner an ideal place to live for those looking for more affordable living options nearby larger cities.
Moncks Corner (zip 29461) has an unemployment rate of 4.4%. The US average is 6.0%.
Moncks Corner (zip 29461) 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 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Moncks Corner (zip 29461)
- The Sales Tax Rate for Moncks Corner (zip 29461) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Moncks Corner (zip 29461) 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 Moncks Corner (zip 29461)
- The average income of a Moncks Corner (zip 29461) resident is $23,175 a year. The US average is $28,555 a year.
- The Median household income of a Moncks Corner (zip 29461) resident is $70,032 a year. The US average is $69,021 a year.