Zip 29693 (Westminster, SC) Economy


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Westminster, SC is a charming small town with a population of just over 2,000 people. The average two bedroom rent in Westminster is $860, which is significantly lower than the US average of $1,430. It also has a Grocery Cost Index of 96 compared to 100 in the US. For those looking for work in Westminster, local companies like Piedmont Industries Inc., Spartanburg Regional Healthcare System, and Spartan Printing all have locations in this quaint town. There are many great restaurants around town too! Greenbriar Cafe & Market serves classic American dishes with farm fresh produce sourced from their own garden. The Palace Restaurant & Lounge offers Italian-American cuisine as well as live music nightly. Finally, for seafood lovers there’s Beacon Drive In which has been dishing out some of the best fried seafood in the area since 1962.

Westminster (zip 29693) has an unemployment rate of 4.2%. The US average is 6.0%.

Westminster (zip 29693) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Westminster (zip 29693)
- The Sales Tax Rate for Westminster (zip 29693) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westminster (zip 29693) 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 Westminster (zip 29693)
- The average income of a Westminster (zip 29693) resident is $20,443 a year. The US average is $28,555 a year.
- The Median household income of a Westminster (zip 29693) resident is $43,316 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestminster, South CarolinaUnited States
  4.26
  -2.1%-6.2%
  29.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $26,426$37,638
  $43,316$69,021
  $58,667$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  9.8%6.8%
  23.2%10.0%
  1.9%2.5%
  12.6%11.0%
  2.5%4.8%
  2.7%0.8%
  1.0%1.9%
  1.3%4.7%
  1.2%1.9%
  2.1%7.6%
  0.8%0.1%
  7.0%4.2%
  8.3%9.3%
  11.5%14.0%
  0.6%2.1%
  4.8%7.0%
  4.6%4.8%
  2.6%4.7%
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