The small town of Olar, South Carolina (29843) provides its residents with an affordable cost of living. A two-bedroom apartment in the area is $780 compared to the national average of $1,430. The grocery cost index is also lower than the rest of the US at 93 versus 100. Businesses in this tightknit community include Coppah Farms and Wigglesworth Hardware Store, both family owned and operated for more than 50 years. Other businesses in the area specialize in providing services such as landscaping, plumbing, electrical work, construction and roofing among other things. Olar is a great place to live and work with many local establishments that provide locals with what they need.
Olar (zip 29843) has an unemployment rate of 8.9%. The US average is 6.0%.
Olar (zip 29843) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 18.4%, which is lower than the US average of 33.5%.
Tax Rates for Olar (zip 29843)
- The Sales Tax Rate for Olar (zip 29843) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Olar (zip 29843) 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 Olar (zip 29843)
- The average income of a Olar (zip 29843) resident is $19,527 a year. The US average is $28,555 a year.
- The Median household income of a Olar (zip 29843) resident is $55,096 a year. The US average is $69,021 a year.