Five Forks, SC is a lovely and desirable place to live. It's a great small town with plenty of amenities and access to major cities like Greenville. Local companies include Five Forks Community Banks, Five Forks Healthcare Center, and Five Forks Dental Care. The cost of living in the area is relatively low compared to other places in the US. Rent for two bedroom homes is $1,300 per month while the US average is around $1,430. The grocery cost index in the area is also lower than the US average at 101 versus 100 respectively. All these factors make Five Forks an ideal option for those looking for an affordable place to live with all the benefits of living in a small town.
Five Forks has an unemployment rate of 4.2%. The US average is 6.0%.
Five Forks has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.
Tax Rates for Five Forks
- The Sales Tax Rate for Five Forks is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Five Forks 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 Five Forks
- The average income of a Five Forks resident is $49,902 a year. The US average is $37,638 a year.
- The Median household income of a Five Forks resident is $125,343 a year. The US average is $69,021 a year.