Zip 29150 (Sumter, SC) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Renters in 29150 Sumter, SC can expect to pay $1,030 for a two bedroom rental. This is significantly lower than the US average of $1,430 per month. The grocery cost index in 29150 Sumter is 93 versus 100 in the US. Companies located in 29150 include Palmetto Tree Service and East Coast Railways. Other notable businesses include Liebemac Logistics, Indoor Air Solutions, and Young's Auto Repair. These local companies provide essential services to the community while helping to bolster the local economy.

Sumter (zip 29150) has an unemployment rate of 5.7%. The US average is 6.0%.

Sumter (zip 29150) has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 26.2%, which is lower than the US average of 33.5%.

Tax Rates for Sumter (zip 29150)
- The Sales Tax Rate for Sumter (zip 29150) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sumter (zip 29150) 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 Sumter (zip 29150)
- The average income of a Sumter (zip 29150) resident is $20,788 a year. The US average is $28,555 a year.
- The Median household income of a Sumter (zip 29150) resident is $40,538 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySumter, South CarolinaUnited States
  5.76
  -3.2%-6.2%
  26.2%33.5%
  8.0%6.2%
  7.0%4.6%
  $24,880$37,638
  $40,538$69,021
  $58,236$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  7.4%6.8%
  16.9%10.0%
  1.6%2.5%
  11.2%11.0%
  4.1%4.8%
  0.6%0.8%
  1.0%1.9%
  2.2%4.7%
  1.7%1.9%
  3.2%7.6%
  0.2%0.1%
  5.7%4.2%
  7.6%9.3%
  15.3%14.0%
  2.2%2.1%
  9.2%7.0%
  4.3%4.8%
  4.4%4.7%
Health