Anderson, SC Economy


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Anderson, SC is a city located in the Upstate region of South Carolina. It is characterized by its low cost of living, with an average two-bedroom rent being $950 and a grocery cost index of 97 versus 100 in the US. The city is home to many local companies, such as Anderson University, AnMed Health Medical Center, Belton Industries, and Bosch Rexroth Corporation. With its ease of access to neighboring cities and growing economy, Anderson is becoming a popular destination for those looking for housing and job opportunities.

Anderson has an unemployment rate of 5.6%. The US average is 6.0%.

Anderson has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Anderson
- The Sales Tax Rate for Anderson is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Anderson 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 Anderson
- The average income of a Anderson resident is $18,974 a year. The US average is $28,555 a year.
- The Median household income of a Anderson resident is $37,439 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyAnderson, South CarolinaUnited States
  5.66
  -3.3%-6.2%
  31.2%33.5%
  7.0%6.2%
  7.0%4.6%
  $24,649$37,638
  $37,439$69,021
  $51,263$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  4.9%6.8%
  19.2%10.0%
  1.8%2.5%
  12.1%11.0%
  1.8%4.8%
  0.8%0.8%
  0.6%1.9%
  0.9%4.7%
  1.4%1.9%
  4.9%7.6%
  0.0%0.1%
  3.1%4.2%
  10.6%9.3%
  19.4%14.0%
  0.8%2.1%
  9.3%7.0%
  6.5%4.8%
  1.8%4.7%
Reviews for Anderson
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Over 3 years ago

Anderson is a wonderful place to live! We’ve moved around quite abit. We had searched many places and one day by accident I came across Anderson on the internet. We  More

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Anderson has much to offer! Two well know established colleges, Lake Hartwell, Lake Secession, parks galore, plenty of shopping, two Wal-Marts, plenty of grocery stores,  More

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Over 15 years ago

To be quite honest I came to Anderson with City Snobbery... "these hicks and their camping stores every 5 feet, damn john deer, redneck fools" etc. I was miserable  More

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