Taylors, SC Economy


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Taylors, SC is a great place to live. It offers the convenience of city living with a small town feel. The average 2 bedroom rent in Taylors is $1,090 compared to $1,430 in the rest of the US. Grocery cost index is also lower here than in most parts of the US at 99 versus 100 for the rest of the US. This makes it easier on families who are trying to save money. There are several local companies in Taylor including Michelin Tire Corporation, Bi-Lo Supermarket and Southern Packaging Systems Incorporated. It is a diverse community with a population of around 25,000 people and growing each year.

Taylors has an unemployment rate of 4.2%. The US average is 6.0%.

Taylors 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 33.4%, which is lower than the US average of 33.5%.

Tax Rates for Taylors
- The Sales Tax Rate for Taylors is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Taylors 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 Taylors
- The average income of a Taylors resident is $23,185 a year. The US average is $28,555 a year.
- The Median household income of a Taylors resident is $62,989 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTaylors, South CarolinaUnited States
  4.26
  -3.2%-6.2%
  33.4%33.5%
  6.0%6.2%
  7.0%4.6%
  $30,450$37,638
  $62,989$69,021
  $69,349$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.0%6.8%
  15.8%10.0%
  3.9%2.5%
  14.1%11.0%
  5.5%4.8%
  0.2%0.8%
  2.1%1.9%
  2.9%4.7%
  2.0%1.9%
  8.3%7.6%
  0.4%0.1%
  3.9%4.2%
  7.6%9.3%
  11.1%14.0%
  1.5%2.1%
  7.3%7.0%
  5.6%4.8%
  2.0%4.7%
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