Bennettsville, SC is a small city located in South Carolina. It offers an affordable cost of living—2 bedroom rent in Bennettsville is $690 compared to the US average of $1,430 while the grocery cost index is 92 versus 100 in the US. The local economy is driven by prominent companies such as New Market Corporate Center, Marlboro County Council on Aging, and Big Burger King. Additionally, there are several small businesses that specialize in services ranging from auto repair to home improvement. Residents of Bennettsville enjoy a strong sense of community with plenty of activities and events for all ages.
Bennettsville has an unemployment rate of 8.6%. The US average is 6.0%.
Bennettsville 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 24.5%, which is lower than the US average of 33.5%.
Tax Rates for Bennettsville
- The Sales Tax Rate for Bennettsville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Bennettsville 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 Bennettsville
- The average income of a Bennettsville resident is $14,881 a year. The US average is $28,555 a year.
- The Median household income of a Bennettsville resident is $31,866 a year. The US average is $69,021 a year.