Belvedere, SC Economy


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Belvedere, SC is a lovely town to call home. With beautiful parks and nature trails, there's always something to do and explore. Residents also have access to numerous local businesses such as supermarkets, restaurants, banks, retail stores, and more. The average cost of renting a two bedroom home in Belvedere is $900 compared to the US average of $1430 making it one of the more affordable towns in South Carolina. Additionally, the grocery cost index in Belvedere is 95 compared to 100 in the US which further helps keep costs low for residents.

Belvedere has an unemployment rate of 4.1%. The US average is 6.0%.

Belvedere 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 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Belvedere
- The Sales Tax Rate for Belvedere is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Belvedere 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 Belvedere
- The average income of a Belvedere resident is $18,500 a year. The US average is $28,555 a year.
- The Median household income of a Belvedere resident is $46,641 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBelvedere, South CarolinaUnited States
  4.16
  -1.5%-6.2%
  33.3%33.5%
  8.0%6.2%
  7.0%4.6%
  $24,248$37,638
  $46,641$69,021
  $63,861$85,028
  Population by Occupation
  0.1%1.2%
  0.0%0.5%
  6.7%6.8%
  10.7%10.0%
  3.2%2.5%
  11.3%11.0%
  4.6%4.8%
  0.0%0.8%
  6.7%1.9%
  3.5%4.7%
  1.3%1.9%
  4.3%7.6%
  0.0%0.1%
  5.9%4.2%
  8.4%9.3%
  8.8%14.0%
  0.5%2.1%
  10.2%7.0%
  8.5%4.8%
  5.2%4.7%
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