Zip 29303 (Spartanburg, SC) Economy


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Spartanburg, SC is an excellent place to live. The two bedroom rent in this city is around $880 which is much lower than the national average of $1,430 per month. Additionally, grocery cost index in Spartanburg is 94 versus the 100 national average. This affordability makes for a great opportunity for families and individuals who are looking for a place to call home.
There are several companies located near Spartanburg including Amazon, Hwy 221 Farms & Produce Inc., U-Haul Moving & Storage of Spartanburg and IMI Logistics-Spartanburg. These businesses offer plenty of job opportunities and economic stability for those living in Spartanburg.
When it comes to leisure activities, Spartanburg has something for everyone. From local art galleries to parks like Hatcher Garden & Woodland Preserve or Croft State Park, Spartanburg offers a wide range of recreational activities that can be enjoyed by all ages. For those who enjoy outdoor sports there are plenty of golf courses as well as sports fields located throughout the city. With all that this city has to offer it's easy to see why so many people choose it as their home!

Spartanburg (zip 29303) has an unemployment rate of 6.7%. The US average is 6.0%.

Spartanburg (zip 29303) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 36.2%, which is higher than the US average of 33.5%.

Tax Rates for Spartanburg (zip 29303)
- The Sales Tax Rate for Spartanburg (zip 29303) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spartanburg (zip 29303) 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 Spartanburg (zip 29303)
- The average income of a Spartanburg (zip 29303) resident is $14,166 a year. The US average is $28,555 a year.
- The Median household income of a Spartanburg (zip 29303) resident is $38,775 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpartanburg, South CarolinaUnited States
  Population by Occupation