Laurens, SC is an ideal city for those looking for a small-town feel with access to the amenities of a larger city. With a cost of living index that is 6% lower than the US average, Laurens is an attractive option for budget-conscious individuals or families. In addition, rent costs for a two bedroom apartment are significantly lower than the national average at $820 per month. Local grocery stores also provide residents with plenty of options to purchase their goods at great prices.
Among the many popular companies in Laurens are Stewart Builders Company, Palmetto Custom Homes and Carolina Building Supply Company. These businesses offer services ranging from home construction to roofing as well as supplies and other materials related to home improvement projects. Residents can find everything they need locally when it comes to finding builders and contractors.
Laurens is a great place to live due to its convenient location near Greenville, its low cost of living and excellent access to employers and amenities such as local grocery stores and home improvement companies. For those seeking the benefits of small town living combined with all that larger cities have to offer, Laurens is the perfect option.
Laurens has an unemployment rate of 5.1%. The US average is 6.0%.
Laurens has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for Laurens
- The Sales Tax Rate for Laurens is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Laurens 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 Laurens
- The average income of a Laurens resident is $22,572 a year. The US average is $28,555 a year.
- The Median household income of a Laurens resident is $48,574 a year. The US average is $69,021 a year.