The seaside community of 29451 Isle of Palms, SC is a great place for beach lovers looking for an affordable lifestyle. The average rent for a two-bedroom in Isle of Palms is $2,320, which is much lower than the US average of $1,430. Additionally, the local grocery cost index in Isle of Palms is 113 compared to 100 in the US, making food costs slightly higher. There are plenty of local businesses to explore on Isle of Palms such as Breach Inlet Fish House, Bumstead's Pub & Provisions, and Wild Dunes Deli & Market. With its lower than average rent and attractive location by the ocean, 29451 Isle of Palms is a great place to live with an affordable cost of living.
Isle of Palms (zip 29451) has an unemployment rate of 4.4%. The US average is 6.0%.
Isle of Palms (zip 29451) 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 Isle of Palms (zip 29451)
- The Sales Tax Rate for Isle of Palms (zip 29451) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Isle of Palms (zip 29451) 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 Isle of Palms (zip 29451)
- The average income of a Isle of Palms (zip 29451) resident is $102,945 a year. The US average is $37,638 a year.
- The Median household income of a Isle of Palms (zip 29451) resident is $145,682 a year. The US average is $69,021 a year.