Zip 29624 (Anderson, SC) Economy


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29624 Anderson, SC is a great place to live with plenty of business opportunities. It is home to many companies such as Fedex, Piedmont Natural Gas, and Oconee Nuclear Station. The cost of living in this area is significantly lower than the national average. For instance, 2 Bedroom Rent in 29624 Anderson, SC is $790 while the US 2 Bedroom Rent is $1,430. Moreover, the Grocery Cost Index in this area is 92 versus 100 in the US which further shows that 29624 Anderson has an affordable cost of living compared to other areas.

Anderson (zip 29624) has an unemployment rate of 5.6%. The US average is 6.0%.

Anderson (zip 29624) has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Anderson (zip 29624)
- The Sales Tax Rate for Anderson (zip 29624) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Anderson (zip 29624) 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 Anderson (zip 29624)
- The average income of a Anderson (zip 29624) resident is $13,367 a year. The US average is $28,555 a year.
- The Median household income of a Anderson (zip 29624) resident is $28,404 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnderson, South CarolinaUnited States
  5.66
  -3.3%-6.2%
  31.2%33.5%
  7.0%6.2%
  7.0%4.6%
  $17,095$37,638
  $28,404$69,021
  $37,508$85,028
  Population by Occupation
  0.1%1.2%
  0.1%0.5%
  8.1%6.8%
  28.4%10.0%
  2.2%2.5%
  12.9%11.0%
  3.3%4.8%
  0.0%0.8%
  1.9%1.9%
  1.4%4.7%
  1.1%1.9%
  0.8%7.6%
  0.0%0.1%
  4.8%4.2%
  6.6%9.3%
  13.2%14.0%
  0.5%2.1%
  8.7%7.0%
  4.4%4.8%
  1.4%4.7%
Health