Zip 29672 (Seneca, SC) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
29672 Seneca, SC is a small town nestled in scenic Oconee County. It is known for its natural beauty and its unique culture. The median 2 bedroom rent in 29672 Seneca, SC is $1,020 which is much lower than the national average of $1,430. This makes it an ideal location for those looking to save money on rent without sacrificing quality amenities. Additionally, the grocery cost index in 29672 Seneca, SC is 103 compared to 100 nationally which means that groceries may be slightly more expensive here than elsewhere.
The local economy of 29672 Seneca, SC revolves around manufacturing and agriculture with major employers including Michelin North America, Contour Automotive Components and Quantic Industries. There are also many locally owned stores and restaurants such as BBQ House Express and Papa Bear’s Pizza providing employment opportunities to residents of this small town. Overall, 29672 Seneca offers a peaceful lifestyle with affordable housing costs and plenty of job opportunities.

Seneca (zip 29672) has an unemployment rate of 4.2%. The US average is 6.0%.

Seneca (zip 29672) has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Seneca (zip 29672)
- The Sales Tax Rate for Seneca (zip 29672) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Seneca (zip 29672) 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 Seneca (zip 29672)
- The average income of a Seneca (zip 29672) resident is $36,957 a year. The US average is $28,555 a year.
- The Median household income of a Seneca (zip 29672) resident is $67,016 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeneca, South CarolinaUnited States
  4.26
  -2.1%-6.2%
  29.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $47,630$37,638
  $67,016$69,021
  $95,324$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  11.5%6.8%
  11.9%10.0%
  2.0%2.5%
  9.4%11.0%
  3.4%4.8%
  4.4%0.8%
  2.0%1.9%
  1.4%4.7%
  1.0%1.9%
  4.3%7.6%
  0.2%0.1%
  3.5%4.2%
  15.7%9.3%
  13.2%14.0%
  0.6%2.1%
  9.1%7.0%
  4.9%4.8%
  1.3%4.7%
Health