Iva, SC is a small town in Anderson County that has a lot to offer. The cost of living is lower than most places in the US, making it an attractive place to live for families and individuals on a budget. Rent for a two-bedroom apartment is only $770 per month versus the national average of $1,430. Groceries are also more affordable with an index score of 93 compared to the US average of 100.
Local businesses in Iva include Southwood Hills Golf Club, Rainbow Lake Marina & Campground, The Main Street Trading Co., Church Street Café & Pub and Palmetto State Armory – Iva Shooting Range. Popular attractions in town are Westsprings Farm Animal Sanctuary, Newberry Arts Center and Ehrhardt's Waterfront Restaurant & Bar. With its low cost of living and abundance of amenities, Iva is a great place to call home.
Iva has an unemployment rate of 4.5%. The US average is 6.0%.
Iva has seen the job market decrease by -3.3% 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 Iva
- The Sales Tax Rate for Iva is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Iva 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 Iva
- The average income of a Iva resident is $17,803 a year. The US average is $37,638 a year.
- The Median household income of a Iva resident is $28,750 a year. The US average is $69,021 a year.