Georgetown, SC is a city located on the coast in South Carolina. Its two bedroom rent comes in at $960, which is more than $400 less than the national average rent of $1,430. Additionally, Georgetown's grocery cost index sits at 96 compared to the 100 of the US as a whole. This makes groceries more affordable for those living in this city. Some local companies that can be found in Georgetown are BWX Technologies, Inc., Winyah Generating Station, and Conbraco Industries. All three of these companies provide job opportunities for locals and have a presence in the area.
Georgetown has an unemployment rate of 5.9%. The US average is 6.0%.
Georgetown has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown
- The Sales Tax Rate for Georgetown is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Georgetown 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 Georgetown
- The average income of a Georgetown resident is $18,902 a year. The US average is $28,555 a year.
- The Median household income of a Georgetown resident is $42,998 a year. The US average is $69,021 a year.