Economy in Newport, South Carolina
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Economy
| Unemployment Rate | 12.90% | 9.10% |
| Recent Job Growth | -2.78% | -0.12% |
| Future Job Growth | 21.54% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $27,507 | $27,067 |
| Household Income | $64,410 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 4.20% | 12.10% |
| Income between 15K and 25K | 3.76% | 10.18% |
| Income between 25K and 35K | 8.93% | 10.56% |
| Income between 35K and 50K | 16.31% | 14.98% |
| Income between 50K and 75K | 28.62% | 19.53% |
| Income between 75K and 100K | 17.37% | 12.52% |
| Income between 100K and 150K | 13.47% | 12.14% |
| Income between 150K and 250K | 3.91% | 3.91% |
| Income between 250K and 500K | 3.14% | 3.34% |
| Income greater than 500K | 0.29% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 19.84% | 13.81% |
| Professional and Related Occupations | 20.42% | 22.68% |
| Service | 11.80% | 14.51% |
| Sales and Office | 27.03% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 10.36% | 9.37% |
| Production, Transportation, and Material Moving | 17.98% | 15.86% |
The unemployment rate in Newport, SC, is 12.90%, with job growth of -2.78%. Future job growth over the next ten years is predicted to be 21.54%.
Newport, SC Taxes
Newport, SC,sales tax rate is 7.00%. Income tax is 7.00%.
Newport, SC Income and Salaries
The income per capita is $27,507, which includes all adults and children. The median household income is $64,410.
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