Chesterfield, SC Economy


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United States / South Carolina / No Metro Area / Chesterfield County / Chesterfield / Zip Codes
Chesterfield, SC is a small town located in the lower-eastern part of the state. It is an affordable place to live with the average two bedroom rent costing $820 compared to the US average of $1,430. The cost of living in Chesterfield is also low with a grocery cost index of 92 compared to 100 in the US. This makes it an attractive destination for those looking for a more budget-friendly place to live. The town is home to many local businesses including The Dollar General Store, Wilkerson's Automotive, and Apex Printing Services. There are also several attractions such as Chesterfield County Historical Museum and Chatham Park which offers camping and fishing opportunities. With its low cost of living and great recreational activities, Chesterfield is an ideal city for those looking for an affordable place to call home.

Chesterfield has an unemployment rate of 5.3%. The US average is 6.0%.

Chesterfield has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.

Tax Rates for Chesterfield
- The Sales Tax Rate for Chesterfield is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Chesterfield 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 Chesterfield
- The average income of a Chesterfield resident is $19,596 a year. The US average is $28,555 a year.
- The Median household income of a Chesterfield resident is $51,250 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyChesterfield, South CarolinaUnited States
  5.36
  -4.0%-6.2%
  32.0%33.5%
  8.0%6.2%
  7.0%4.6%
  $25,450$37,638
  $51,250$69,021
  $60,804$85,028
  Population by Occupation
  2.0%1.2%
  0.0%0.5%
  2.3%6.8%
  27.0%10.0%
  0.0%2.5%
  9.8%11.0%
  2.5%4.8%
  3.0%0.8%
  0.0%1.9%
  2.3%4.7%
  0.9%1.9%
  1.4%7.6%
  0.0%0.1%
  2.7%4.2%
  14.8%9.3%
  11.8%14.0%
  0.7%2.1%
  8.6%7.0%
  0.7%4.8%
  9.3%4.7%
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