Cordova, SC Economy


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Cordova, SC is an affordable town for those looking to rent. The average rent for a two-bedroom apartment is $790 per month compared to the US average of $1,430. This means cordova residents are able to save some money when it comes to living expenses. Grocery costs are also lower in Cordova than the rest of the US with a grocery cost index of 93 versus the national average of 100. \nThis small town has many local companies including Cordova Hardware and Feed Store, Blackwater Outfitters, and Thompson's Barbecue. Each one offers unique services that benefit the community and its citizens, allowing them to shop locally and get what they need right at home.

Cordova has an unemployment rate of 7.8%. The US average is 6.0%.

Cordova has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Cordova
- The Sales Tax Rate for Cordova is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Cordova 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 Cordova
- The average income of a Cordova resident is $13,428 a year. The US average is $28,555 a year.
- The Median household income of a Cordova resident is $60,833 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCordova, South CarolinaUnited States
  7.86
  -3.6%-6.2%
  20.6%33.5%
  7.0%6.2%
  7.0%4.6%
  $20,152$37,638
  $60,833$69,021
  $60,833$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  2.1%6.8%
  13.8%10.0%
  13.8%2.5%
  23.4%11.0%
  0.0%4.8%
  6.4%0.8%
  0.0%1.9%
  2.1%4.7%
  2.1%1.9%
  0.0%7.6%
  0.0%0.1%
  3.2%4.2%
  6.4%9.3%
  12.8%14.0%
  0.0%2.1%
  2.1%7.0%
  4.3%4.8%
  4.3%4.7%
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