Furman, SC is a charming city located in the heart of South Carolina. It is well known for its friendly locals, beautiful scenery and excellent amenities. The two-bedroom rent in Furman is $710, which is significantly lower than the US average of $1,430. In addition, Furman's grocery cost index of 91 is much lower than the national average of 100. This makes living in Furman an affordable choice for residents.
The city offers a range of local businesses to enjoy such as Blackbaud Stadium, home to the Charleston Battery soccer team and Sonny’s BBQ restaurant which serves classic southern cuisine. There are also a variety of retail stores including the shopping centers East Bay Park Shopping Center and The Village at Sandhurst Shopping Center and many specialty boutiques located downtown.
Furman has an unemployment rate of 4.6%. The US average is 6.0%.
Furman has seen the job market increase by 1.9% 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 Furman
- The Sales Tax Rate for Furman is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Furman 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 Furman
- The average income of a Furman resident is $15,860 a year. The US average is $28,555 a year.
- The Median household income of a Furman resident is $75,500 a year. The US average is $69,021 a year.