Greenwood, SC County is a great place to live with its low cost of living. The two bedroom rent in this county is $850 compared to the US average of $1,430, which is a great deal for those looking for more affordable housing. Additionally, the grocery cost index in Greenwood County is 94 compared to 100 in the US. This means that grocery costs are lower than what you would find elsewhere in the US. There are plenty of local companies located in Greenwood County including Greenwood Health System, United Coop Inc., Plantation Lumber Company and Orchard Park Dental Associates are just a few of the many businesses that call Greenwood home. Food and groceries will also be quite affordable as well since costs tend to be lower than other areas of the country.
Greenwood County has an unemployment rate of 5.5%. The US average is 6.0%.
Greenwood County has seen the job market increase by 0.3% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Greenwood County
- The Sales Tax Rate for Greenwood County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Greenwood County 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 Greenwood County
- The average income of a Greenwood County resident is $28,402 a year. The US average is $37,638 a year.
- The Median household income of a Greenwood County resident is $44,513 a year. The US average is $69,021 a year.