Sharon, South Carolina, with a population of 29742, has an average 2 bedroom rent of $1,170. This is lower than the US average of $1,430. The grocery cost index in Sharon is 95 compared to 100 in the US. Local companies in Sharon include Accurate Die Cutting Inc., Carolina Comfort Heating & Air Conditioning Inc., and Sharon Knitwear Company. Sharon is a great place to live because it costs less for rent and groceries compared to the US average.
Sharon (zip 29742) has an unemployment rate of 4.5%. The US average is 6.0%.
Sharon (zip 29742) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.
Tax Rates for Sharon (zip 29742)
- The Sales Tax Rate for Sharon (zip 29742) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Sharon (zip 29742) 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 Sharon (zip 29742)
- The average income of a Sharon (zip 29742) resident is $22,406 a year. The US average is $37,638 a year.
- The Median household income of a Sharon (zip 29742) resident is $37,049 a year. The US average is $69,021 a year.