Tega Cay, SC Economy


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Tega Cay, SC is a beautiful and desirable place to live due to its modern amenities and access to recreation. Tega Cay is situated on a peninsula along Lake Wylie, making it especially attractive for anyone who enjoys outdoor activities such as swimming, fishing, kayaking, or boating. The area is also home to numerous businesses like Carowinds Theme Park and The Baxter Village Town Center, providing entertainment and shopping right in the neighborhood. Plus, with the average 2 bedroom rent estimated at $1,540 and Grocery Cost Index of 102 versus 100 in the US, living in Tega Cay is much more affordable than other places across the US. With so much on offer from a cultural perspective, it's no wonder why many people choose to call Tega Cay home!

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

Tega Cay 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 Tega Cay
- The Sales Tax Rate for Tega Cay is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Tega Cay 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 Tega Cay
- The average income of a Tega Cay resident is $44,179 a year. The US average is $28,555 a year.
- The Median household income of a Tega Cay resident is $130,571 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyTega Cay, South CarolinaUnited States
  4.56
  -1.7%-6.2%
  42.3%33.5%
  7.0%6.2%
  7.0%4.6%
  $57,275$37,638
  $130,571$69,021
  $132,161$85,028
  Population by Occupation
  5.6%1.2%
  0.0%0.5%
  3.6%6.8%
  8.7%10.0%
  3.0%2.5%
  4.3%11.0%
  3.9%4.8%
  2.4%0.8%
  3.3%1.9%
  16.1%4.7%
  2.1%1.9%
  12.2%7.6%
  0.1%0.1%
  1.3%4.2%
  5.9%9.3%
  10.9%14.0%
  4.5%2.1%
  5.0%7.0%
  2.3%4.8%
  4.8%4.7%
Reviews for Tega Cay
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Over 14 years ago

Love the casualness of Tega Cay. Lake Wylie is beautiful and not crowded and fishing is good. Good schools, nice people. Needs more restaurants,  More

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Tega Cay SC is one of the youngest small incorporated cities in South Carolina. Tega Cay is just minutes south of Charlotte located on a peninsula of Lake Wylie.   More

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My husband and I are considering a move from San Diego, CA to North or South Carolina later this year. It's time for us to cash out on our tiny little southern  More

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