Hemingway, SC Economy


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Hemingway, SC is a small town located in South Carolina with a population of around 2,300 people. It is well known for its quaint downtown area and historic buildings. The cost of living in Hemingway is quite affordable with two bedroom rent costing $1,000 versus the US average of $1,430. Additionally, the Grocery Cost Index in Hemingway is 93 compared to 100 in the US. Hemingway provides many services to its residents including local businesses such as Drummond Market, Palmetto Foods Inc., and The Coffee Shop Café.

Hemingway has an unemployment rate of 6.9%. The US average is 6.0%.

Hemingway 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 24.1%, which is lower than the US average of 33.5%.

Tax Rates for Hemingway
- The Sales Tax Rate for Hemingway is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hemingway 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 Hemingway
- The average income of a Hemingway resident is $16,016 a year. The US average is $28,555 a year.
- The Median household income of a Hemingway resident is $34,100 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHemingway, South CarolinaUnited States
  6.96
  -3.8%-6.2%
  24.1%33.5%
  7.0%6.2%
  7.0%4.6%
  $21,306$37,638
  $34,100$69,021
  $59,375$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.6%6.8%
  31.6%10.0%
  0.0%2.5%
  14.3%11.0%
  6.6%4.8%
  0.0%0.8%
  4.6%1.9%
  8.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  7.7%4.2%
  6.6%9.3%
  7.7%14.0%
  0.0%2.1%
  7.1%7.0%
  0.0%4.8%
  0.0%4.7%
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