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Zip 29341 (Gaffney, SC) Economy


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United States / / / Gaffney (zip 29341)
Gaffney, South Carolina is a small town located in Cherokee County. With an estimated population of 8,946 according to the US Census Bureau, Gaffney is a charming town with plenty to offer. The cost of living in this area is affordable; the two-bedroom rent averages $810 per month compared to $1,430 nationwide. Grocery Cost Index for Gaffney is 94 versus 100 in the US.
There are several local businesses that can be found in Gaffney such as Walmart Supercenter, Lowes Home Improvement, Target and Big Lots. Additionally there are numerous restaurants offering local cuisines as well as many retail stores including clothing shops and convenience stores. For recreation activities there are many parks available like Black鈥檚 Roadways Park and Catawba River Greenway Trail which provides visitors with outdoor activities including walking trails and picnic areas.
In conclusion, Gaffney may be small but it has plenty to offer for people looking for a peaceful place to live. With reasonable housing prices and a variety of business establishments to choose from this city makes it easy for anyone to find what they need without breaking their budget.

Gaffney (zip 29341) has an unemployment rate of 6.1%. The US average is 6.0%.

Gaffney (zip 29341) has seen the job market decrease by -4.6% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Gaffney (zip 29341)
- The Sales Tax Rate for Gaffney (zip 29341) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gaffney (zip 29341) is 7.0%. The US average is 4.6%.
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Income and Salaries for Gaffney (zip 29341)
- The average income of a Gaffney (zip 29341) resident is $25,175 a year. The US average is $37,638 a year.
- The Median household income of a Gaffney (zip 29341) resident is $41,564 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGaffney, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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