Columbia, SC (ZIP - 29205) is an excellent place to call home as the city offers an inviting atmosphere with plenty of activities for residents to enjoy. For example, local companies such as Blue Cross Blue Shield South Carolina, Palmetto Health, and Colonial Life & Accident Insurance Company provide employment opportunities for people looking for work. In addition, the two bedroom rent in the area is $1,150 which is much lower than the US average of $1,430. Additionally, the grocery cost index in Columbia is at par with other major cities in the US at 100 versus 100 thus providing economical options for groceries. All these make Columbia a great place to live and settle down in.
Columbia (zip 29205) has an unemployment rate of 5.2%. The US average is 6.0%.
Columbia (zip 29205) has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.
Tax Rates for Columbia (zip 29205)
- The Sales Tax Rate for Columbia (zip 29205) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 29205) 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 Columbia (zip 29205)
- The average income of a Columbia (zip 29205) resident is $46,777 a year. The US average is $37,638 a year.
- The Median household income of a Columbia (zip 29205) resident is $54,663 a year. The US average is $69,021 a year.