29845 Plum Branch, SC is a small town located in McCormick County. It has a population of less than 500 people and is known for its rural charm. The town boasts a low cost of living; the average 2 bedroom rent is $770, while the national average is $1,430. Additionally, the grocery cost index here is 93 compared to 100 nationally. There are a few local companies that offer employment opportunities in 29845 Plum Branch, SC including True Value Hardware Store and Woody's BBQ Restaurant. The average salary for jobs in the area range from about $35,000 to $40,000 annually.
Plum Branch (zip 29845) has an unemployment rate of 6.2%. The US average is 6.0%.
Plum Branch (zip 29845) 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 Plum Branch (zip 29845)
- The Sales Tax Rate for Plum Branch (zip 29845) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Plum Branch (zip 29845) 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 Plum Branch (zip 29845)
- The average income of a Plum Branch (zip 29845) resident is $40,236 a year. The US average is $37,638 a year.
- The Median household income of a Plum Branch (zip 29845) resident is $52,675 a year. The US average is $69,021 a year.