Branchville, SC is a charming city located in Orangeburg County. It is home to a variety of local businesses including AllSportz Grill, Betsy's Cafe, and Merritt's Liquors. The cost of living in Branchville is relatively low compared to that of the United States as a whole. The average two-bedroom rent for Branchville is $1,220 which is significantly lower than the average two-bedroom rent for the entire U.S., which sits at $1,430. Additionally, the grocery cost index in Branchville stands at 93 versus 100 in the U.S. This provides further evidence that living costs are much lower than many other parts of America.
Branchville has an unemployment rate of 7.8%. The US average is 6.0%.
Branchville has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Branchville
- The Sales Tax Rate for Branchville is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Branchville 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 Branchville
- The average income of a Branchville resident is $17,360 a year. The US average is $28,555 a year.
- The Median household income of a Branchville resident is $30,750 a year. The US average is $69,021 a year.