29439 Folly Beach, SC is a great place to live, offering an affordable cost of living. The average rent for a two bedroom in this area is $1,260, which is considerably lower than the United States average of $1,430. Furthermore, grocery costs are also relatively low when you compare them to the national index with a score of 112 versus 100. There are many great local companies in the area such as Maybank & Moultrie Electric Co-op Inc., Carolina One Real Estate, and Charleston County Parks & Recreation.
Folly Beach (zip 29439) has an unemployment rate of 4.4%. The US average is 6.0%.
Folly Beach (zip 29439) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.
Tax Rates for Folly Beach (zip 29439)
- The Sales Tax Rate for Folly Beach (zip 29439) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Folly Beach (zip 29439) 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 Folly Beach (zip 29439)
- The average income of a Folly Beach (zip 29439) resident is $56,245 a year. The US average is $37,638 a year.
- The Median household income of a Folly Beach (zip 29439) resident is $72,426 a year. The US average is $69,021 a year.