Zip 29072 (Lexington, SC) Economy


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Lexington, SC, zip code 29072 is a great place to live, located just 25 minutes from downtown Columbia and only an hour away from Charlotte. The Median 2 Bedroom rent in this area is $1,370 and the Grocery Cost Index is in line with the US average at 100. There are several local companies of note in this area including Lexington Medical Center, Walmart Distribution Center, and Blue Cross Blue Shield of South Carolina. Other businesses include the State Farmers Market and many fast food restaurants. With its convenient location and reasonable cost of living expenses, Lexington is an ideal place to live for commuters who need easy access to both cities.

Lexington (zip 29072) has an unemployment rate of 3.7%. The US average is 6.0%.

Lexington (zip 29072) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Lexington (zip 29072)
- The Sales Tax Rate for Lexington (zip 29072) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 29072) 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 Lexington (zip 29072)
- The average income of a Lexington (zip 29072) resident is $42,721 a year. The US average is $37,638 a year.
- The Median household income of a Lexington (zip 29072) resident is $92,026 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLexington, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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