Gaffney, SC — income, home value, property tax, and sales tax.
ZIP code 29307, centered on Gaffney, sits in middle-income territory: a $65,850 median household income and $37,394 per-capita income land it above many rural Southern ZIPs but short of affluent benchmarks. Homes here run $221,400 at the median, and Cherokee County's 0.55% effective property tax rate keeps annual bills on such a home near $1,200. Add the 7.00% combined sales tax, and the overall load tilts toward consumption rather than ownership. This is a working-to-middle-income area where paychecks stretch reasonably well against housing costs, though everyday purchases carry a steady tax cost.
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