Economy in Florence, South Carolina
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Economy
| Unemployment Rate | 9.60% | 9.10% |
| Recent Job Growth | -1.01% | -0.12% |
| Future Job Growth | 28.38% | 31.25% |
| Sales Taxes | 8.00% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $23,947 | $27,067 |
| Household Income | $41,012 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 18.06% | 12.10% |
| Income between 15K and 25K | 13.95% | 10.18% |
| Income between 25K and 35K | 11.22% | 10.56% |
| Income between 35K and 50K | 16.55% | 14.98% |
| Income between 50K and 75K | 16.92% | 19.53% |
| Income between 75K and 100K | 9.12% | 12.52% |
| Income between 100K and 150K | 9.32% | 12.14% |
| Income between 150K and 250K | 1.76% | 3.91% |
| Income between 250K and 500K | 2.46% | 3.34% |
| Income greater than 500K | 0.64% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.46% | 13.81% |
| Professional and Related Occupations | 29.89% | 22.68% |
| Service | 13.86% | 14.51% |
| Sales and Office | 26.34% | 25.22% |
| Farming, Fishing, and Forestry | 0.10% | 0.68% |
| Construction, Extraction, and Maintenance | 7.60% | 9.37% |
| Production, Transportation, and Material Moving | 14.07% | 15.86% |
The unemployment rate in Florence, SC, is 9.60%, with job growth of -1.01%. Future job growth over the next ten years is predicted to be 28.38%.
Florence, SC Taxes
Florence, SC,sales tax rate is 8.00%. Income tax is 7.00%.
Florence, SC Income and Salaries
The income per capita is $23,947, which includes all adults and children. The median household income is $41,012.
Florence Economy SperlingViews
Indoor season/outdoor season: Florence, SC is a pleasant small city in the Pee Dee section of SC between the mountains and coast. Although it boasts pleasant to mild cooler months, the warm months... (read more)Lack of creative restaurants and fine dining: Florence is a great place to go out for BBQ or fried foods but it lacks creative or fine dining options. There are some good ethnic options. Not a good town for... (read more)Boring, Unfriendly People: This city has absolutely no recreation. They used to have an East Coast Hockey team, but the team was moved due to lack of participation from the residents. The only... (read more)Have an opinion about Florence? Leave a commentTo See All SperlingViews for Florence Click Here
