Zip 29831 (Jackson, SC) Economy


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Jackson, South Carolina, a small town with a population of 29831, is known for its low-cost living. The two bedroom rent in Jackson averages around $840. This is significantly lower than the US average of $1,430 for two bedrooms. In addition to lower rent prices, Jackson has a grocery cost index score of 93 compared to the US average of 100. Not only does Jackson feature an affordable lifestyle, but there are also many local businesses that contribute to its vibrant culture and economy. Some popular local companies in Jackson include Hartley’s Department Store, Best Auto Repair Services, Tom’s Home Improvement Center and Happy Home Care Services. Additionally, there are many restaurants such as Joe’s Pizza & Subs and Big City Grill that will satisfy even the most discerning foodie. With so much to offer at such an affordable price point, it’s no wonder why so many people call Jackson home.

Jackson (zip 29831) has an unemployment rate of 4.1%. The US average is 6.0%.

Jackson (zip 29831) 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 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Jackson (zip 29831)
- The Sales Tax Rate for Jackson (zip 29831) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Jackson (zip 29831) 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 Jackson (zip 29831)
- The average income of a Jackson (zip 29831) resident is $21,169 a year. The US average is $28,555 a year.
- The Median household income of a Jackson (zip 29831) resident is $43,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyJackson, South CarolinaUnited States
  4.16
  -1.5%-6.2%
  33.3%33.5%
  8.0%6.2%
  7.0%4.6%
  $24,061$37,638
  $43,000$69,021
  $44,094$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  11.1%6.8%
  11.1%10.0%
  1.7%2.5%
  8.6%11.0%
  3.6%4.8%
  2.8%0.8%
  0.4%1.9%
  3.0%4.7%
  1.0%1.9%
  3.8%7.6%
  0.0%0.1%
  9.7%4.2%
  6.5%9.3%
  17.7%14.0%
  0.6%2.1%
  8.7%7.0%
  3.3%4.8%
  6.1%4.7%
Health