29596 Wallace, SC is a great place to live with beautiful scenery and plenty of opportunities. The housing market here is very affordable, with two bedroom rentals averaging $680 compared to the US average of $1430. This cost of living is even further reduced due to the lower grocery cost index in 29596 Wallace, SC than the US average at 92 versus 100. Some local companies in this area include D R Cash Farms, Elrod Enterprises Inc., and Leaf Group South LLC. There are also plenty of restaurants and entertainment venues nearby for residents to enjoy.
Wallace (zip 29596) has an unemployment rate of 8.6%. The US average is 6.0%.
Wallace (zip 29596) has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Wallace (zip 29596)
- The Sales Tax Rate for Wallace (zip 29596) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Wallace (zip 29596) 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 Wallace (zip 29596)
- The average income of a Wallace (zip 29596) resident is $19,969 a year. The US average is $37,638 a year.
- The Median household income of a Wallace (zip 29596) resident is $29,966 a year. The US average is $69,021 a year.