Florence, South Carolina (29505) is a beautiful and vibrant city located along the Pee Dee River. The average two bedroom apartment rent in the area is $1,050, which is significantly lower than the US average of $1,430. The Grocery Cost Index for Florence is 96, which is 4 points lower than the US average of 100.
Florence has many local businesses ranging from small mom-and-pop shops to larger national corporations. Some of these companies include Advance Auto Parts, Bi-Lo supermarkets, and McLeod Health hospitals. Other popular places to visit are their bustling downtown area filled with unique restaurants and boutiques as well as Magnolia Mall Shopping Center for more traditional retail stores and eateries.
Florence (zip 29505) has an unemployment rate of 4.8%. The US average is 6.0%.
Florence (zip 29505) has seen the job market decrease by -2.4% over the last year. Future job growth over the next ten years is predicted to be 29.9%, which is lower than the US average of 33.5%.
Tax Rates for Florence (zip 29505)
- The Sales Tax Rate for Florence (zip 29505) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Florence (zip 29505) is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Florence (zip 29505)
- The average income of a Florence (zip 29505) resident is $28,875 a year. The US average is $37,638 a year.
- The Median household income of a Florence (zip 29505) resident is $58,931 a year. The US average is $69,021 a year.