Luray, SC Economy


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Luray, SC is a small town located in the southeastern region of the US. It is known for its rural charm and affordability. Rent for a two-bedroom apartment is an affordable $810 which is far below the national average of $1,430. Grocery costs are also low with an index of 95 versus 100 nationally.
The small town has plenty to offer from great restaurants such as The Steak House and Stump's Bar-B-Que Grill to outdoor activities such as fishing, camping, and golfing at several nearby courses. Other attractions include hiking trails, kayaking through Luray Lake, or soaking up some history at the nearby South Carolina State Museum. There are also many local stores that specialize in antiques, art galleries, and historic sites. For those seeking a peaceful and inexpensive lifestyle in a small community atmosphere surrounded by natural beauty, Luray SC is ideal!

Luray has an unemployment rate of 4.6%. The US average is 6.0%.

Luray has seen the job market increase by 1.9% over the last year. Future job growth over the next ten years is predicted to be 33.4%, which is lower than the US average of 33.5%.

Tax Rates for Luray
- The Sales Tax Rate for Luray is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Luray 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 Luray
- The average income of a Luray resident is $14,863 a year. The US average is $28,555 a year.
- The Median household income of a Luray resident is $46,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLuray, South CarolinaUnited States
  4.66
  -3.8%-6.2%
  33.4%33.5%
  8.0%6.2%
  7.0%4.6%
  $22,034$37,638
  $46,500$69,021
  $55,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.6%6.8%
  10.7%10.0%
  0.0%2.5%
  1.8%11.0%
  32.1%4.8%
  0.0%0.8%
  0.0%1.9%
  0.0%4.7%
  8.9%1.9%
  0.0%7.6%
  0.0%0.1%
  16.1%4.2%
  8.9%9.3%
  3.6%14.0%
  0.0%2.1%
  10.7%7.0%
  0.0%4.8%
  3.6%4.7%
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