The small town of Greenwood in South Carolina has an estimated population of 8,234 and a cost of living that is perfect for those who are looking to save. The 2 bedroom rent in Greenwood is $840 compared to the US average of $1,430 making it a great option for people who need more affordable housing options. Additionally, the Grocery Cost Index in Greenwood is 93 versus 100 in the US giving residents more buying power when it comes to groceries. In Greenwood, residents can find a variety of local businesses such as Green Wood Flower Shop, Sparks Tree Service, Midlands Roofing Solutions, and Palmetto Mortgage Professionals.
Greenwood (zip 29646) has an unemployment rate of 5.5%. The US average is 6.0%.
Greenwood (zip 29646) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Greenwood (zip 29646)
- The Sales Tax Rate for Greenwood (zip 29646) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood (zip 29646) 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 Greenwood (zip 29646)
- The average income of a Greenwood (zip 29646) resident is $17,874 a year. The US average is $28,555 a year.
- The Median household income of a Greenwood (zip 29646) resident is $36,638 a year. The US average is $69,021 a year.