Marion, SC is a great place to live. The cost of living is much lower than the national average; two bedroom rent averages $780 per month compared to the US average of $1,430. Groceries are also cheaper; Marion's grocery cost index is 94 compared to 100 in the US. Local companies such as Massy Wood Group, Johnson Controls, and Marion Medical Center offer great job opportunities for residents. All these factors make Marion a great place to live and work for those looking for an affordable lifestyle.
Marion has an unemployment rate of 7.4%. The US average is 6.0%.
Marion has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 23.9%, which is lower than the US average of 33.5%.
Tax Rates for Marion
- The Sales Tax Rate for Marion is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Marion 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 Marion
- The average income of a Marion resident is $14,642 a year. The US average is $28,555 a year.
- The Median household income of a Marion resident is $27,024 a year. The US average is $69,021 a year.