Fairforest, SC Economy


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equestId":"cce9a26b-d256-45e5-b8dd-4bc24855e42b","resource":"content","data":[{"id":"txt_8e07e831c92b434eab5061f3daf05d28","text":" and amenities\n \nFairforest, SC is a great place to live. With a two bedroom rent of only $1,050 a month it's an affordable area. Additionally, the grocery cost index there is 95 compared to 100 in the US making it even more budget friendly. The city also offers plenty of amenities and local companies including the Fairforest Grocery Store, Fairforest Movie Theater, and Fairforest Library. For recreation activities, residents can take advantage of the community pool or visit one of the nearby parks for biking and walking paths. All in all, Fairforest is an affordable and enjoyable place to live that does not compromise on lifestyle.

Fairforest has an unemployment rate of 4.7%. The US average is 6.0%.

Fairforest 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 Fairforest
- The Sales Tax Rate for Fairforest is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Fairforest 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 Fairforest
- The average income of a Fairforest resident is $12,820 a year. The US average is $28,555 a year.
- The Median household income of a Fairforest resident is $46,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFairforest, South CarolinaUnited States
  4.76
  -1.7%-6.2%
  39.9%33.5%
  6.0%6.2%
  7.0%4.6%
  $27,727$37,638
  $46,964$69,021
  $53,794$85,028
  Population by Occupation
  10.5%1.2%
  0.0%0.5%
  9.7%6.8%
  7.7%10.0%
  0.0%2.5%
  13.3%11.0%
  14.2%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.2%4.2%
  0.0%9.3%
  4.4%14.0%
  7.8%2.1%
  8.8%7.0%
  19.3%4.8%
  0.0%4.7%
Health
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