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Zip 29482 (Sullivans Island, SC) Economy


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United States / / / Sullivans Island (zip 29482)
29482 Sullivans Island, SC is an ideal destination for those looking for a beach getaway. Located just off the coast of South Carolina, this small island town offers beautiful beaches, excellent restaurants, and a variety of activities to enjoy. The two bedroom rent in this area is $2,310 per month while US 2 Bedroom Rent is only $1,430. In addition to the rent costs being relatively expensive in this area compared to the rest of the country, food costs are also higher with a Grocery Cost Index that is 114 versus 100 in the US. Some popular local companies include Isle of Palms Surf Shop, Sea Island Bike Rentals and Lowcountry Kitesurfing. In addition to these businesses there are plenty of unique shops and restaurants that offer visitors a wide range of choices when it comes to dining and shopping options. Sullivan's Island also offers numerous outdoor activities such as kayaking, fishing and whale watching making it an ideal destination for anyone looking for a relaxing coastal vacation.

Sullivans Island (zip 29482) has an unemployment rate of 4.4%. The US average is 6.0%.

Sullivans Island (zip 29482) has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Sullivans Island (zip 29482)
- The Sales Tax Rate for Sullivans Island (zip 29482) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Sullivans Island (zip 29482) is 7.0%. The US average is 4.6%.
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Income and Salaries for Sullivans Island (zip 29482)
- The average income of a Sullivans Island (zip 29482) resident is $98,841 a year. The US average is $37,638 a year.
- The Median household income of a Sullivans Island (zip 29482) resident is $157,743 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySullivans Island, 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%
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    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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