The small town of Modoc, South Carolina (population 29838) is known for its low costs of living. The average 2 bedroom rent in the area is only $770, significantly lower than the national average of $1430. In addition, the Grocery Cost Index in Modoc is 100, the same as the US average. This makes Modoc an ideal place to live on a budget and has attracted many new residents in recent years. Local businesses in Modoc include Harvey's Country Store, Dixie Oil Company, and S&S Tractor Parts Inc., which all serve the needs of residents and visitors alike.
Modoc (zip 29838) has an unemployment rate of 6.2%. The US average is 6.0%.
Modoc (zip 29838) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Modoc (zip 29838)
- The Sales Tax Rate for Modoc (zip 29838) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Modoc (zip 29838) 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 Modoc (zip 29838)
- The average income of a Modoc (zip 29838) resident is $51,729 a year. The US average is $37,638 a year.
- The Median household income of a Modoc (zip 29838) resident is $78,523 a year. The US average is $69,021 a year.