Mount Carmel is a small town located in the state of South Carolina with a population of 29840. It has a relatively low 2 bedroom rent compared to the US, at $770 versus $1,430. The grocery cost index in Mount Carmel is also lower than the US at 93 versus 100.
The town of Mount Carmel offers many services and amenities that residents can take advantage of. Some notable local companies include JC Boyles Construction Co., H&S Groceries, and Humphreys Auto Parts. There are also a variety of community services offered such as Mount Carmel Public Library, Mount Carmel Health Clinic, and Mount Carmel Fire Department. Residents can find plenty of recreational activities to do such as golfing, fishing, hiking trails, and parks around town.
Mount Carmel (zip 29840) has an unemployment rate of 6.2%. The US average is 6.0%.
Mount Carmel (zip 29840) has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.
Tax Rates for Mount Carmel (zip 29840)
- The Sales Tax Rate for Mount Carmel (zip 29840) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Carmel (zip 29840) 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 Mount Carmel (zip 29840)
- The average income of a Mount Carmel (zip 29840) resident is $27,460 a year. The US average is $37,638 a year.
- The Median household income of a Mount Carmel (zip 29840) resident is $36,784 a year. The US average is $69,021 a year.