Oconee County, SC Economy


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Oconee County, SC is a great place to live with many advantages. It has a low cost of living compared to the US average with two bedroom rent costing just $840 versus the national average of $1,430. Grocery costs are also lower than the US average with an index rating of 98 compared to 100. There are plenty of local businesses in Oconee County to choose from like Wal-Mart, Publix and Walgreens as well as several smaller stores and restaurants. Local employers include Marathon Electric Motors, Brock Automotive Group and United Community Bank. There is something for everyone in Oconee County which makes it a great place to call home.

Oconee County has an unemployment rate of 4.2%. The US average is 6.0%.

Oconee County has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Oconee County
- The Sales Tax Rate for Oconee County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Oconee 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 Oconee County
- The average income of a Oconee County resident is $24,321 a year. The US average is $28,555 a year.
- The Median household income of a Oconee County resident is $52,842 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOconee, South CarolinaUnited States
  4.26
  -2.1%-6.2%
  29.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $32,986$37,638
  $52,842$69,021
  $68,402$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  8.6%6.8%
  19.3%10.0%
  1.4%2.5%
  10.4%11.0%
  2.6%4.8%
  3.3%0.8%
  0.9%1.9%
  2.8%4.7%
  1.7%1.9%
  4.7%7.6%
  0.2%0.1%
  4.7%4.2%
  10.3%9.3%
  12.3%14.0%
  1.4%2.1%
  7.7%7.0%
  4.1%4.8%
  2.1%4.7%
Health