29340 Gaffney, SC is an ideal place to live, work, and enjoy a great quality of life. The average 2 Bedroom rent in this area is $820 per month, which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Gaffney is 93 versus 100 in the US. This indicates that groceries are more affordable here than other places in the country.
Locally, there are plenty of businesses and establishments to explore in 29340 Gaffney, SC such as family owned restaurants like El Canton Mexican Restaurant or Little Cao's Pizza & Italian Restaurant for a delicious dining experience. There's also the Shops at Cherokee Crossroads Shopping Center for shopping options and activities and Carpet Masters Plus for flooring needs. Additional services such as automotive repair can be found at O'Reilly Auto Parts or D&H Motorsports. For entertainment options there’s Carolina Speedway or Lake Whelchel Beach Park nearby.
Gaffney (zip 29340) has an unemployment rate of 6.1%. The US average is 6.0%.
Gaffney (zip 29340) has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.
Tax Rates for Gaffney (zip 29340)
- The Sales Tax Rate for Gaffney (zip 29340) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gaffney (zip 29340) 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 Gaffney (zip 29340)
- The average income of a Gaffney (zip 29340) resident is $21,299 a year. The US average is $37,638 a year.
- The Median household income of a Gaffney (zip 29340) resident is $36,702 a year. The US average is $69,021 a year.