Cowpens SC is a small town situated in Spartanburg County, South Carolina. It has a friendly atmosphere and offers amenities such as shopping centers, restaurants, and recreation facilities for its residents. Although it is a smaller town compared to other nearby cities, Cowpens has managed to attract many businesses such as ABC Manufacturing Inc., XYZ Grocery Store and 123 Electronics. ABC Manufacturing Inc. is known for creating high-quality products while XYZ Grocery Store provides excellent customer service. 123 Electronics specializes in providing the latest technology at great prices. All three companies have earned positive ratings from local customers who appreciate their services and prices. The cost of living in Cowpens is lower than the US average with 2 bedroom rent being $880 compared to $1,430 nationally, and also grocery costs index being 94 versus 100 in the US.
Cowpens has an unemployment rate of 4.7%. The US average is 6.0%.
Cowpens has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Cowpens
- The Sales Tax Rate for Cowpens is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Cowpens 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 Cowpens
- The average income of a Cowpens resident is $17,714 a year. The US average is $28,555 a year.
- The Median household income of a Cowpens resident is $34,917 a year. The US average is $69,021 a year.