Zip 29042 (Denmark, SC) Economy


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United States / South Carolina / No Metro Area / Bamberg County / Denmark / Denmark (zip 29042)
equestId":"c38ca414-082c-4f07-a529-9d6aac342716","resource":"content","data":[{"id":"txt_369854f6266f498c95137c31e6f1c9bb","text":", and the median household income\nDennis, South Carolina is a small town located in the Midlands of South Carolina. It is home to nearly 1,400 people and has an overall cost of living index that is 92 compared to 100 in the US. The average rent for a 2 bedroom residence is $680 per month, significantly lower than the national average of $1,430. Median household income for Dennis sits around $42,000 and many residents work for local companies such as D&D Farms Inc., Dennis Farm Supply Inc., and Byrds Bar-B-Que & Catering Inc.

Denmark (zip 29042) has an unemployment rate of 8.9%. The US average is 6.0%.

Denmark (zip 29042) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.

Tax Rates for Denmark (zip 29042)
- The Sales Tax Rate for Denmark (zip 29042) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Denmark (zip 29042) 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 Denmark (zip 29042)
- The average income of a Denmark (zip 29042) resident is $15,458 a year. The US average is $37,638 a year.
- The Median household income of a Denmark (zip 29042) resident is $38,859 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDenmark, South CarolinaUnited States
  8.96
  -5.5%-6.2%
  18.4%33.5%
  8.0%6.2%
  7.0%4.6%
  $15,458$37,638
  $38,859$69,021
  $59,737$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  6.0%6.8%
  16.7%10.0%
  1.1%2.5%
  9.6%11.0%
  10.1%4.8%
  0.0%0.8%
  1.3%1.9%
  2.0%4.7%
  0.0%1.9%
  0.4%7.6%
  0.0%0.1%
  0.0%4.2%
  22.3%9.3%
  14.7%14.0%
  0.0%2.1%
  10.6%7.0%
  2.5%4.8%
  2.2%4.7%
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