Gadsden, SC is a small town located in South Carolina. It is a great place to live with affordable housing and low cost of living. The average rent for a two bedroom apartment is $1,090 per month, which is significantly lower than the national average of $1,430. When it comes to groceries, Gadsden has an index score of 93 versus 100 in the US, meaning that prices are relatively low compared to other towns. \nThe local economy in Gadsden centers around several companies including Harvey Management Co., Love’s Seafood and Oyster Bar and Gadsden Floor Coverings & Interiors Inc. Each company offers its own unique products or services such as property management services, seafood restaurants and floor coverings respectively. With all these businesses operating in the area, Gadsden is a great place to live for those looking for affordability and diversity.
Gadsden has an unemployment rate of 4.9%. The US average is 6.0%.
Gadsden has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Gadsden
- The Sales Tax Rate for Gadsden is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gadsden 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 Gadsden
- The average income of a Gadsden resident is $16,017 a year. The US average is $28,555 a year.
- The Median household income of a Gadsden resident is $34,436 a year. The US average is $69,021 a year.