29368 Mayo, SC is a small city located in Laurens County that has a population of approximately 635 people. This rural community offers an affordable cost of living with 2 bedroom rent costing just $870 compared to the national average of $1,430. The Grocery Cost Index for Mayo is 96 compared to 100 in the US, making it a great place for budget-conscious shoppers. Mayo makes it easy to stay connected with several local companies providing telephone, internet and cable services. The town also has numerous outdoor attractions such as nearby camping sites, hiking trails, and scenic lakes making it a great destination for nature enthusiasts.
Mayo (zip 29368) has an unemployment rate of 4.7%. The US average is 6.0%.
Mayo (zip 29368) has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Mayo (zip 29368)
- The Sales Tax Rate for Mayo (zip 29368) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mayo (zip 29368) 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 Mayo (zip 29368)
- The average income of a Mayo (zip 29368) resident is $47,148 a year. The US average is $37,638 a year.
- The Median household income of a Mayo (zip 29368) resident is $0 a year. The US average is $69,021 a year.