Hampton, SC is an affordable place to live and work. The average 2 bedroom rent is $740, significantly lower than the US average of $1,430. Additionally, grocery costs in Hampton are also more affordable with a grocery cost index of 95 compared to 100 in the US. As an area surrounded by nature, many outdoor activities can be enjoyed such as hiking, biking and fishing. The area is also home to many businesses including Coastal Shipping Solutions, Solar Eclipse Tours and Technology Solutions & More. Furthermore, local attractions such as the Silver Bluff Audubon Center and Heritage Preserve provide recreational opportunities for visitors and residents alike.
Hampton has an unemployment rate of 4.6%. The US average is 6.0%.
Hampton has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Hampton
- The Sales Tax Rate for Hampton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hampton 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 Hampton
- The average income of a Hampton resident is $20,020 a year. The US average is $28,555 a year.
- The Median household income of a Hampton resident is $48,898 a year. The US average is $69,021 a year.