Troy, South Carolina is a charming rural town with a population of just under 3,000 people. It has a quaint downtown area with local businesses such as the Troy Hardware store and Troy Family Pharmacy that offer goods and services to the community. The cost of living in this small town is quite low: 2 bedroom rents are around $950 compared to the US average of $1,430 while the grocery cost index is 94 compared to 100 in the US. This makes it an ideal place for those looking for a quiet lifestyle at an affordable price point.
Troy (zip 29848) has an unemployment rate of 5.5%. The US average is 6.0%.
Troy (zip 29848) has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Troy (zip 29848)
- The Sales Tax Rate for Troy (zip 29848) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Troy (zip 29848) 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 Troy (zip 29848)
- The average income of a Troy (zip 29848) resident is $19,690 a year. The US average is $28,555 a year.
- The Median household income of a Troy (zip 29848) resident is $46,364 a year. The US average is $69,021 a year.