Zip 29649 (Greenwood, SC) Economy


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Greenwood, SC (zip code 29649) is a quaint city located in Abbeville County. It is a great place to live with affordable 2 bedroom rent averaging $1,080 per month which is significantly lower than the national average of $1,430. Cost of living in Greenwood is also lower than the national average due to its Grocery Cost Index of 97 versus 100 in the US. Additionally, there are plenty of local attractions and businesses to explore such as Greenwood Mall, Clemson University’s Center for the Arts & 3 Daughters Brewing. For a unique dining experience, locals recommend Wisteria Southern Gastropub and Lander Art Center for art lovers. There are also plenty of outdoor activities like swimming at Lake Greenwood State Park or exploring Keowee-Toxaway State Natural Area. With all these amenities, it's no wonder why so many people choose to call Greenwood home!

Greenwood (zip 29649) has an unemployment rate of 5.5%. The US average is 6.0%.

Greenwood (zip 29649) 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 29649)
- The Sales Tax Rate for Greenwood (zip 29649) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood (zip 29649) 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 29649)
- The average income of a Greenwood (zip 29649) resident is $24,624 a year. The US average is $28,555 a year.
- The Median household income of a Greenwood (zip 29649) resident is $51,101 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGreenwood, South CarolinaUnited States
  5.56
  -2.6%-6.2%
  26.1%33.5%
  7.0%6.2%
  7.0%4.6%
  $35,481$37,638
  $51,101$69,021
  $76,205$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  5.3%6.8%
  18.4%10.0%
  0.6%2.5%
  13.5%11.0%
  3.1%4.8%
  2.1%0.8%
  0.4%1.9%
  2.6%4.7%
  0.7%1.9%
  3.9%7.6%
  0.0%0.1%
  3.3%4.2%
  12.6%9.3%
  17.0%14.0%
  1.0%2.1%
  7.1%7.0%
  5.5%4.8%
  2.6%4.7%
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