Zip 29148 (Summerton, SC) Economy


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United States / South Carolina / No Metro Area / Clarendon County / Summerton / Summerton (zip 29148)
29148 Summerton, SC is a small town located in Orangeburg County. This small community offers plenty of amenities for its residents such as grocery stores, restaurants, parks and recreational activities. The average 2 bedroom rent in this town is $800 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Summerton is 97 compared to 100 in the US. When looking at population, this town has an estimated population of 594 people as of 2019 according to the United States Census Bureau. Local companies that operate in 29148 Summerton SC include Cooper's Country Store & Market, Thomas & Thomas Sand & Gravel Inc and J&J Collision Repair Inc.

Summerton (zip 29148) has an unemployment rate of 5.9%. The US average is 6.0%.

Summerton (zip 29148) 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 18.5%, which is lower than the US average of 33.5%.

Tax Rates for Summerton (zip 29148)
- The Sales Tax Rate for Summerton (zip 29148) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Summerton (zip 29148) 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 Summerton (zip 29148)
- The average income of a Summerton (zip 29148) resident is $18,692 a year. The US average is $28,555 a year.
- The Median household income of a Summerton (zip 29148) resident is $42,754 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySummerton, South CarolinaUnited States
  5.96
  -2.4%-6.2%
  18.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $25,019$37,638
  $42,754$69,021
  $51,081$85,028
  Population by Occupation
  2.5%1.2%
  0.0%0.5%
  7.6%6.8%
  13.7%10.0%
  0.4%2.5%
  10.9%11.0%
  4.5%4.8%
  0.4%0.8%
  0.4%1.9%
  1.5%4.7%
  1.0%1.9%
  3.0%7.6%
  0.0%0.1%
  5.6%4.2%
  7.6%9.3%
  23.0%14.0%
  0.8%2.1%
  8.5%7.0%
  1.8%4.8%
  6.9%4.7%
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