Zip 29229 (Columbia, SC) Economy


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Columbia, SC, zip code 29229 is an affordable place to live with 2 Bedrooms renting for $1,540. This is slightly higher than the national average of $1,430. Cost of groceries are also more competitive here with a Grocery Cost Index of 97 versus 100 in the US. Those living in and around Columbia have access to plenty of local stores and businesses to purchase their goods from. Notable companies include BlueCross BlueShield South Carolina, SCANA Corporation, and Colonial Life & Accident Insurance Company.

Columbia (zip 29229) has an unemployment rate of 5.2%. The US average is 6.0%.

Columbia (zip 29229) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 27.4%, which is lower than the US average of 33.5%.

Tax Rates for Columbia (zip 29229)
- The Sales Tax Rate for Columbia (zip 29229) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Columbia (zip 29229) 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 Columbia (zip 29229)
- The average income of a Columbia (zip 29229) resident is $26,560 a year. The US average is $28,555 a year.
- The Median household income of a Columbia (zip 29229) resident is $72,143 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyColumbia, South CarolinaUnited States
  5.26
  -1.9%-6.2%
  27.4%33.5%
  8.0%6.2%
  7.0%4.6%
  $31,230$37,638
  $72,143$69,021
  $78,956$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  1.8%6.8%
  5.3%10.0%
  1.8%2.5%
  10.4%11.0%
  7.5%4.8%
  0.5%0.8%
  2.8%1.9%
  10.2%4.7%
  2.2%1.9%
  3.7%7.6%
  0.0%0.1%
  2.5%4.2%
  12.9%9.3%
  14.2%14.0%
  1.8%2.1%
  5.2%7.0%
  5.2%4.8%
  11.3%4.7%
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Lake Carolina is a master planned community in Columbia, SC. It's an awesome place to live--meticulously landscaped, lots of community activities, a lake (6 miles of  More

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