James Island, SC is a vibrant coastal community located within the Charleston metropolitan area. It is home to a variety of businesses such as boat dealerships, wineries, art galleries as well as stores like Harris Teeter and Publix. With a two bedroom rent that is around $830 more than the US average, James Island has become an attractive destination for young professionals who want to enjoy the benefits of coastal living without sacrificing their income. Additionally, the Grocery Cost Index in James Island is four points higher than the US average which shows the economic strength of the region. Incomes in James Island are steadily rising which makes it a great place to live and work long term.
James Island has an unemployment rate of 4.4%. The US average is 6.0%.
James Island 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 36.9%, which is higher than the US average of 33.5%.
Tax Rates for James Island
- The Sales Tax Rate for James Island is 9.0%. The US average is 7.3%.
- The Income Tax Rate for James Island 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 James Island
- The average income of a James Island resident is $36,358 a year. The US average is $28,555 a year.
- The Median household income of a James Island resident is $87,615 a year. The US average is $69,021 a year.