Piedmont, SC Economy


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Piedmont, South Carolina is a small town located in the foothills of the Blue Ridge Mountains. The town is home to many local businesses, including Sandy's Corner Health & Beauty Store, and Piedmont Auto Repair. With its close proximity to nearby nature preserves like Paris Mountain State Park, Piedmont presents an idyllic lifestyle for those who love the outdoors. The cost of living in Piedmont is significantly lower than in other parts of the country - specifically 2-bedroom rent at $950 compared to the national average of $1,430 and a grocery cost index of 98 instead of 100 nationally. This makes Piedmont an attractive destination for anyone looking for an affordable place to live with plenty of outdoor activities available.

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

Piedmont has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Piedmont
- The Sales Tax Rate for Piedmont is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Piedmont 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 Piedmont
- The average income of a Piedmont resident is $16,802 a year. The US average is $28,555 a year.
- The Median household income of a Piedmont resident is $52,955 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPiedmont, South CarolinaUnited States
  4.56
  -3.3%-6.2%
  32.0%33.5%
  7.0%6.2%
  7.0%4.6%
  $29,314$37,638
  $52,955$69,021
  $56,654$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  22.6%6.8%
  21.0%10.0%
  5.3%2.5%
  12.4%11.0%
  2.9%4.8%
  0.9%0.8%
  0.0%1.9%
  0.8%4.7%
  1.4%1.9%
  5.3%7.6%
  0.0%0.1%
  1.7%4.2%
  4.8%9.3%
  8.0%14.0%
  0.0%2.1%
  10.7%7.0%
  1.0%4.8%
  1.3%4.7%
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