Hanahan, SC Economy


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Hanahan, South Carolina is a great place to live for many reasons. The average 2 bedroom rent in Hanahan is slightly more expensive than the US average, but it makes up for this with its low cost of living index. Groceries and other necessities are only 1% more expensive than the national average. The city also has plenty of attractions and businesses to enjoy; these include the local farmers market, Hanahan Amphitheater, Cypress Gardens Nature Park, and several local restaurants like Rosario's Pizzeria and Taqueria El Jalisco. Hanahan also has several companies located within its borders such as Boeing, Robert Bosch GmbH, and Roper St. Francis Healthcare. With all these things to do and places to go, it's easy to see why people choose Hanahan as their home.

Hanahan has an unemployment rate of 3.1%. The US average is 6.0%.

Hanahan 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 41.1%, which is higher than the US average of 33.5%.

Tax Rates for Hanahan
- The Sales Tax Rate for Hanahan is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Hanahan 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 Hanahan
- The average income of a Hanahan resident is $25,057 a year. The US average is $28,555 a year.
- The Median household income of a Hanahan resident is $76,094 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHanahan, South CarolinaUnited States
  3.16
  -3.7%-6.2%
  41.1%33.5%
  8.0%6.2%
  7.0%4.6%
  $34,166$37,638
  $76,094$69,021
  $87,617$85,028
  Population by Occupation
  0.1%1.2%
  0.2%0.5%
  12.0%6.8%
  7.5%10.0%
  3.2%2.5%
  10.5%11.0%
  3.2%4.8%
  0.5%0.8%
  2.6%1.9%
  2.3%4.7%
  2.9%1.9%
  8.9%7.6%
  0.3%0.1%
  5.0%4.2%
  5.8%9.3%
  10.8%14.0%
  0.9%2.1%
  7.1%7.0%
  7.3%4.8%
  8.6%4.7%
Reviews for Hanahan
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The schools here are horrible. 2-3 arrests a week at the one my wife teaches at. Everyone I know has had something stolen from them if left outside for any length of  More

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