Gaffney, SC — income, home value, property tax, and sales tax.
In ZIP code 29340, which covers Gaffney, households earn a median of $44,123, or $25,113 per person. A median home value of $108,800 pairs with a county property tax rate of 0.43%, so annual property taxes stay well under $500 for a home at that price. Sales tax adds 8.00% to purchases, a cost that applies broadly rather than just to homeowners. Together, these figures sketch a local economy where housing costs are contained and income levels sit below many metro areas, though the sales tax rate takes a steady bite out of everyday spending.
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