Aiken, SC is a great place to live. It offers a lower cost of living than the rest of the United States in terms of two bedroom rental prices, with an average rent of $1,030 while the US average is $1,430. Furthermore, Aiken has a grocery cost index that is below average at 96 compared to 100 in the US. Businesses and employers are attracted to this area because of the low living costs providing many jobs to locals. The city itself offers an abundance of activities and attractions for visitors and residents alike. Companies such as Bridgestone Golf, Hubbell Lighting Inc., AECOM Technical Services Inc., Savannah River Nuclear Solutions LLC, KTH Parts Industries Inc., and Aiken Electric Cooperative are all based within Aiken which makes it a great place to find work and enjoy life.
Aiken has an unemployment rate of 5.0%. The US average is 6.0%.
Aiken 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 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Aiken
- The Sales Tax Rate for Aiken is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Aiken 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 Aiken
- The average income of a Aiken resident is $30,773 a year. The US average is $28,555 a year.
- The Median household income of a Aiken resident is $58,125 a year. The US average is $69,021 a year.