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Economy in Lancaster, South Carolina

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyLancaster, SCUnited States
Unemployment Rate13.40%9.10%
Recent Job Growth-4.59%-0.12%
Future Job Growth17.42%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.00%6.25%
Income per Cap.$17,370$27,067
Household Income$29,151$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K25.85%12.10%
Income between 15K and 25K18.31%10.18%
Income between 25K and 35K13.79%10.56%
Income between 35K and 50K16.56%14.98%
Income between 50K and 75K12.39%19.53%
Income between 75K and 100K5.81%12.52%
Income between 100K and 150K5.13%12.14%
Income between 150K and 250K0.73%3.91%
Income between 250K and 500K1.36%3.34%
Income greater than 500K0.07%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations12.41%13.81%
Professional and Related Occupations25.88%22.68%
Service19.81%14.51%
Sales and Office26.28%25.22%
Farming, Fishing, and Forestry0.20%0.68%
Construction, Extraction, and Maintenance9.25%9.37%
Production, Transportation, and Material Moving24.57%15.86%
Median Household Income

The unemployment rate in Lancaster, SC, is 13.40%, with job growth of -4.59%. Future job growth over the next ten years is predicted to be 17.42%.

Lancaster, SC Taxes

Lancaster, SC,sales tax rate is 7.00%. Income tax is 7.00%.

Lancaster, SC Income and Salaries

The income per capita is $17,370, which includes all adults and children. The median household income is $29,151.


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