Lexington, SC is a small city located in Lexington County with a population of 29073. The average cost of a 2-bedroom rental in Lexington is $1,010, which is significantly lower than the national average of $1,430. The grocery cost index in Lexington is 96 versus 100 for the US as a whole. Local companies that serve Lexington include Lexington County Chamber of Commerce, Cash Convenience Center Foods and ABC Automotive Repair. This makes it an attractive place to live for people who are looking for cheaper living costs.
Lexington (zip 29073) has an unemployment rate of 3.7%. The US average is 6.0%.
Lexington (zip 29073) has seen the job market decrease by -0.1% 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 29073)
- The Sales Tax Rate for Lexington (zip 29073) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lexington (zip 29073) 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 29073)
- The average income of a Lexington (zip 29073) resident is $23,007 a year. The US average is $28,555 a year.
- The Median household income of a Lexington (zip 29073) resident is $65,403 a year. The US average is $69,021 a year.