Chester, South Carolina (29706) is an excellent place to live for those looking to save on rent. The two bedroom rent in Chester stands at $790 - nearly half of the US average of $1,430. Additionally, groceries are cheaper in Chester than the national average. According to the Grocery Cost Index, a basket of groceries costs 93 out of 100 compared to the national average. As a result, living in Chester is quite economical and many local companies are popping up to take advantage of this economic opportunity. For example, two recent businesses that have opened in Chester are Treadwell Car Care and The Pitt Stop Cafe & Catering. Both provide essential services for locals while contributing to the local economy of Chester.
Chester (zip 29706) has an unemployment rate of 7.0%. The US average is 6.0%.
Chester (zip 29706) has seen the job market increase by 1.7% 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 Chester (zip 29706)
- The Sales Tax Rate for Chester (zip 29706) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chester (zip 29706) 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 Chester (zip 29706)
- The average income of a Chester (zip 29706) resident is $17,620 a year. The US average is $28,555 a year.
- The Median household income of a Chester (zip 29706) resident is $46,236 a year. The US average is $69,021 a year.