Walterboro, SC is a charming town of about 5,500 people located in Colleton County. The 2 bedroom rent in the area is an affordable $790 per month which is significantly lower than the US average of $1,430. The Grocery Cost Index for Walterboro is 94 versus 100 in the US. This makes it a great option for those looking to reduce their monthly expenses. There are plenty of local companies and amenities to explore as well. Popular restaurants include the Low Country Café, China Wok, and The Dairy Queen that offers homemade ice cream and shakes. The local hospital provides healthcare to residents while the larger businesses such as Walmart and Dollar General provide basic needs shopping items. There’s something for everyone in Walterboro!
Walterboro (zip 29488) has an unemployment rate of 5.3%. The US average is 6.0%.
Walterboro (zip 29488) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Walterboro (zip 29488)
- The Sales Tax Rate for Walterboro (zip 29488) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Walterboro (zip 29488) 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 Walterboro (zip 29488)
- The average income of a Walterboro (zip 29488) resident is $17,929 a year. The US average is $28,555 a year.
- The Median household income of a Walterboro (zip 29488) resident is $41,147 a year. The US average is $69,021 a year.