Chester, SC Economy


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Chester, SC is an ideal location for those looking for a small-town feel without sacrificing convenience. The town has plenty of local amenities such as restaurants, shops, and churches, making it easy to stay connected in this tight-knit community. 2 bedroom rent in Chester averages $800 per month which is significantly lower than the national average of $1,430 per month. In addition to its low rent costs, the grocery cost index in Chester is 93 compared to 100 nationally. Local companies that contribute to the economy of Chester include Anderson Brothers Construction Company, Carolina Utility Structures and JT Automotive. With its low cost of living and strong sense of community, Chester SC is an attractive option for those looking for a place to call home.

Chester has an unemployment rate of 7.0%. The US average is 6.0%.

Chester has seen the job market increase by 1.7% 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 Chester
- The Sales Tax Rate for Chester is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chester 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 Chester
- The average income of a Chester resident is $15,435 a year. The US average is $28,555 a year.
- The Median household income of a Chester resident is $31,210 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChester, South CarolinaUnited States
  76
  -1.8%-6.2%
  33.3%33.5%
  8.0%6.2%
  7.0%4.6%
  $16,799$37,638
  $31,210$69,021
  $39,811$85,028
  Population by Occupation
  1.5%1.2%
  0.4%0.5%
  1.6%6.8%
  23.0%10.0%
  2.0%2.5%
  12.7%11.0%
  13.0%4.8%
  1.3%0.8%
  1.9%1.9%
  1.3%4.7%
  1.3%1.9%
  2.9%7.6%
  0.0%0.1%
  3.6%4.2%
  6.8%9.3%
  14.9%14.0%
  1.0%2.1%
  5.4%7.0%
  1.9%4.8%
  3.5%4.7%
Reviews for Chester
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Over 13 years ago

i lived in chester for many years before i moved to oklahoma. I loved it there i think it is honestly the best place on earth!!!! I went to school there Freshman through  More

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