Zip 29826 (Elko, SC) Economy


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United States / South Carolina / No Metro Area / Barnwell County / Elko / Elko (zip 29826)
29826 Elko, SC is an attractive place for those looking for affordable housing in South Carolina. With 2 bedroom rent being only $790 a month, compared to the national average of $1,430, it is much more budget friendly than other places in the state. Additionally, prices at local grocery stores are estimated to be 8% lower than the national average. Elko is also conveniently located near shopping centers and recreational activities as well as having multiple employers in the area including Wal-Mart, Milliken & Co., and Stiles Machinery Inc., so residents can easily access essential goods and services without having to travel too far away. All of these factors make 29826 Elko a desirable place to live for people from all walks of life who are searching for an affordable yet comfortable place to call home.

Elko (zip 29826) has an unemployment rate of 7.5%. The US average is 6.0%.

Elko (zip 29826) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.

Tax Rates for Elko (zip 29826)
- The Sales Tax Rate for Elko (zip 29826) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Elko (zip 29826) 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 Elko (zip 29826)
- The average income of a Elko (zip 29826) resident is $16,248 a year. The US average is $37,638 a year.
- The Median household income of a Elko (zip 29826) resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyElko, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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