Westminster, SC Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Westminster, SC is an exciting place to call home. It offers a small-town community atmosphere with easy access to larger cities like Greenville and Atlanta. The cost of living in Westminster is quite affordable compared to other places in the US, with a two bedroom rent averaging $810 per month, which is significantly lower than the national average of $1,430 per month. Additionally, groceries are quite inexpensive with a grocery cost index of 96 versus 100 in the US.
Westminster is home to several local businesses including Brightwater Foods LLC, Waburger Seafood Company Inc., and Contour Products INC. It also houses numerous recreational activities for all ages such as hiking at Issaqueena Lake or biking through Keowee-Toxaway State Park. With all that it has to offer its residents, Westminster is an ideal place to call home.

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

Westminster has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Westminster
- The Sales Tax Rate for Westminster is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Westminster 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 Westminster
- The average income of a Westminster resident is $16,813 a year. The US average is $28,555 a year.
- The Median household income of a Westminster resident is $40,417 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWestminster, South CarolinaUnited States
  4.26
  -2.1%-6.2%
  29.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $21,431$37,638
  $40,417$69,021
  $58,553$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  6.7%6.8%
  25.5%10.0%
  2.5%2.5%
  9.6%11.0%
  2.3%4.8%
  4.2%0.8%
  1.7%1.9%
  0.9%4.7%
  0.4%1.9%
  0.6%7.6%
  0.0%0.1%
  3.8%4.2%
  8.4%9.3%
  12.3%14.0%
  0.0%2.1%
  6.8%7.0%
  4.5%4.8%
  6.8%4.7%
Reviews for Westminster
    See all ()

Lived in the area for 15 years. I would say if you bring your social network and employment with you, you won't miss or resent the lack of acceptance from the locals.  More

   |    Reply

Over 17 years ago

I've lived in this one horse county the majority of my life.... lived in Charleston, SC(3 years) and Portland, Or(briefly). It's a great place if you are hunting a  More

   |    Reply

Start Your Review of Westminster

Health
Compare Westminster, SC
cost of living
Compare food, housing, utilities, and more in Westminster, South Carolina to any other city in the US.