Lake Wylie, SC Economy


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Lake Wylie, SC is a beautiful spot situated on Lake Wylie, offering scenic views of the lake and access to outdoor activities. It is an excellent place to live for those looking for a peaceful small-town lifestyle with close proximity to larger nearby cities such as Charlotte. The cost of living in Lake Wylie is slightly lower than the US average with 2 bedroom rent at $1,200 compared to $1,430 nationwide and grocery costs being 98 versus 100 index in the US. Local companies in the area include Duke Energy, CaroMont Health and Tindall Corporation. With its tranquil environment and affordable living costs, Lake Wylie is an ideal place for families or individuals looking for a new home.

Lake Wylie has an unemployment rate of 4.5%. The US average is 6.0%.

Lake Wylie has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 42.3%, which is higher than the US average of 33.5%.

Tax Rates for Lake Wylie
- The Sales Tax Rate for Lake Wylie is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Lake Wylie 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 Lake Wylie
- The average income of a Lake Wylie resident is $36,801 a year. The US average is $28,555 a year.
- The Median household income of a Lake Wylie resident is $107,534 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLake Wylie, South CarolinaUnited States
  4.56
  -1.7%-6.2%
  42.3%33.5%
  7.0%6.2%
  7.0%4.6%
  $47,083$37,638
  $107,534$69,021
  $133,988$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.9%6.8%
  10.8%10.0%
  5.8%2.5%
  11.4%11.0%
  6.3%4.8%
  2.3%0.8%
  0.5%1.9%
  9.5%4.7%
  1.3%1.9%
  10.6%7.6%
  0.0%0.1%
  6.5%4.2%
  6.5%9.3%
  11.0%14.0%
  0.6%2.1%
  3.5%7.0%
  4.7%4.8%
  3.1%4.7%
Reviews for Lake Wylie
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Over 14 years ago

A relaxed & easy-going area. New Lowes and Wal-Mart might be the start of changing  More

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