Graniteville, SC is a small city located in Aiken County. It is home to many local companies such as Graniteville Specialty Woolen Mill and Fabric Company, JR Allen & Sons, and Graniteville Paper Company. The cost of living in the area is low compared to other cities due to its affordable 2 bedroom rent which stands at $1,010 compared with the US average of $1,430. Additionally, the grocery cost index for Graniteville is 95 compared to 100 nationally making it relatively more inexpensive when it comes to buying groceries.
Graniteville has an unemployment rate of 4.1%. The US average is 6.0%.
Graniteville has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Graniteville
- The Sales Tax Rate for Graniteville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Graniteville 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 Graniteville
- The average income of a Graniteville resident is $14,597 a year. The US average is $28,555 a year.
- The Median household income of a Graniteville resident is $37,353 a year. The US average is $69,021 a year.