Lane, SC is a small town located in South Carolina. It has many local businesses including Lane Grocery and Hardware, Lane Drugs, and the Lane Bakery. Despite its small size, Lane offers its residents a high quality of life due to its low rent and grocery cost index compared to other parts of the United States. Rent for a 2 bedroom dwelling is only $710 per month while the US average is $1,430. The grocery cost index in Lane is 91 compared to 100 in the US. Living in Lane is an affordable way for individuals and families to enjoy all that South Carolina has to offer.
Lane has an unemployment rate of 6.9%. The US average is 6.0%.
Lane 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 24.1%, which is lower than the US average of 33.5%.
Tax Rates for Lane
- The Sales Tax Rate for Lane is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lane 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 Lane
- The average income of a Lane resident is $16,114 a year. The US average is $28,555 a year.
- The Median household income of a Lane resident is $33,447 a year. The US average is $69,021 a year.