Hickory Grove, SC Economy


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equestId":"a519823e-be71-4f6c-aa49-e41bfc7ba13d","resource":"content","data":[{"id":"txt_a798f5c850024231a1c872ee9c3d01fe","text":" and compare different costs.\n \nHickory Grove, SC is a small town located in South Carolina with an estimated population of 1,000 people. It is known for its affordable living costs and close-knit community atmosphere. The average 2 bedroom rent in Hickory Grove is $1,150 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Hickory Grove is 95 versus 100 in the US which makes it a great place to shop for groceries. There are several local companies in Hickory Grove that residents can support such as Sando's Pharmacy, Hilltop Grocery Store, and Balch's Automotive Repair. These businesses offer quality services at competitive prices that make it worthwhile for residents to stay local in Hickory Grove.

Hickory Grove has an unemployment rate of 4.5%. The US average is 6.0%.

Hickory Grove 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 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Hickory Grove
- The Sales Tax Rate for Hickory Grove is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Hickory Grove 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 Hickory Grove
- The average income of a Hickory Grove resident is $25,150 a year. The US average is $28,555 a year.
- The Median household income of a Hickory Grove resident is $49,821 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHickory Grove, South CarolinaUnited States
  4.56
  -1.7%-6.2%
  42.3%33.5%
  7.0%6.2%
  7.0%4.6%
  $27,576$37,638
  $49,821$69,021
  $75,313$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  2.5%6.8%
  16.5%10.0%
  9.0%2.5%
  6.0%11.0%
  13.0%4.8%
  2.5%0.8%
  0.0%1.9%
  8.0%4.7%
  0.0%1.9%
  4.0%7.6%
  0.0%0.1%
  2.5%4.2%
  7.5%9.3%
  12.5%14.0%
  1.5%2.1%
  4.0%7.0%
  3.0%4.8%
  5.5%4.7%
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