Economy in Greenville, South Carolina

Greenville, SC is an attractive city located in the foothills of the Blue Ridge Mountains with a population of 68,219 people. It is known for its local companies like Michelin North America, BMW Manufacturing Co, and ScanSource Inc. that attract many job seekers to the city. The cost of living in Greenville is lower than the US average across all categories including 2 bedroom rent which averages $1,170 compared to $1,430 for the US, and grocery cost index which is exactly 100 versus 100 in the US. With its vibrant downtown scene offering restaurants and entertainment venues along with its natural beauty, Greenville is an ideal place to call home.

Greenville has an unemployment rate of 4.4%. The US average is 6.0%.

Greenville has seen the job market increase by 0.7% over the last year. Future job growth over the next ten years is predicted to be 39.8%, which is higher than the US average of 33.5%.

Tax Rates for Greenville
- The Sales Tax Rate for Greenville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Greenville 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 Greenville
- The average income of a Greenville resident is $31,043 a year. The US average is $28,555 a year.
- The Median household income of a Greenville resident is $60,388 a year. The US average is $69,021 a year.