Cayce, SC Economy


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Cayce, SC is a city located in Lexington County and is considered to be part of the Columbia metropolitan area. It's known for its convenient access to downtown Columbia, as well as its affordability. Rent for a two bedroom apartment averages around $1,160 while grocery cost index is slightly lower than the US average at 95. The city is home to many local businesses such as Westinghouse Electric Corporation, BlueCross BlueShield of South Carolina, and Kroger. Salaries at Westinghouse Electric Corporation range from around $44k-$128k annually while salaries at BlueCross BlueShield of South Carolina range from $37k-$122k annually with Kroger offering salaries between $23k-$49k annually.

Cayce has an unemployment rate of 3.7%. The US average is 6.0%.

Cayce has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Cayce
- The Sales Tax Rate for Cayce is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cayce 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 Cayce
- The average income of a Cayce resident is $23,690 a year. The US average is $28,555 a year.
- The Median household income of a Cayce resident is $55,162 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCayce, South CarolinaUnited States
  3.76
  -2.0%-6.2%
  31.2%33.5%
  7.0%6.2%
  7.0%4.6%
  $30,380$37,638
  $55,162$69,021
  $71,023$85,028
  Population by Occupation
  1.4%1.2%
  0.6%0.5%
  6.9%6.8%
  7.8%10.0%
  1.7%2.5%
  9.3%11.0%
  5.7%4.8%
  2.0%0.8%
  0.7%1.9%
  4.3%4.7%
  1.3%1.9%
  4.9%7.6%
  0.5%0.1%
  5.6%4.2%
  13.9%9.3%
  11.5%14.0%
  1.0%2.1%
  8.3%7.0%
  6.6%4.8%
  6.1%4.7%
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