Duncan, SC is a city of approximately 10,000 residents located in the greater Spartanburg area. It is situated in an ideal location with easy access to several major highways and interstates. The average two bedroom rent here is $1,180 which is much lower than the US average of $1,430. This makes it an ideal place for people looking for affordable housing options. Duncan is home to several major businesses such as BMW Manufacturing Company, The Spartanburg Herald-Journal newspaper and Michelin Tire Corporation. In addition to these employers, there are plenty of other local businesses in the area offering various services and amenities such as restaurants, grocery stores, parks and recreational facilities. The cost of groceries is also lower here compared to other places in the US with a Grocery Cost Index rating of 98 versus 100 in the US overall.
Duncan (zip 29334) has an unemployment rate of 4.7%. The US average is 6.0%.
Duncan (zip 29334) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Duncan (zip 29334)
- The Sales Tax Rate for Duncan (zip 29334) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Duncan (zip 29334) 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 Duncan (zip 29334)
- The average income of a Duncan (zip 29334) resident is $24,525 a year. The US average is $28,555 a year.
- The Median household income of a Duncan (zip 29334) resident is $66,533 a year. The US average is $69,021 a year.