29720 Lancaster, SC is a great place to live with an affordable cost of living. The average 2 bedroom rent in this area is $870 compared to the US average of $1,430. Grocery costs are also lower here than the national average, with a Grocery Cost Index of 95 versus 100 in the US. For those looking to relocate, 29720 Lancaster offers plenty of amenities and attractions. There are many local businesses such as Rick's Bar-B-Q, Speed Shop Eatery & Pub and The Egg Cafe & Catering Co., that offer delicious cuisine options for all tastes. Popular attractions in 29720 Lancaster include Olde English District Museum & Historical Society, Andrew Jackson State Park and the historic Market Street Inn Bed & Breakfast. There is also a vibrant culture here with events such as Taste of Lancaster and Carolina Carillon Festival.
Lancaster (zip 29720) has an unemployment rate of 5.2%. The US average is 6.0%.
Lancaster (zip 29720) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.
Tax Rates for Lancaster (zip 29720)
- The Sales Tax Rate for Lancaster (zip 29720) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lancaster (zip 29720) 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 Lancaster (zip 29720)
- The average income of a Lancaster (zip 29720) resident is $18,361 a year. The US average is $28,555 a year.
- The Median household income of a Lancaster (zip 29720) resident is $53,489 a year. The US average is $69,021 a year.