Newry, SC is a suburban area located near the larger city of Columbia. It is known for its plush green spaces and vibrant community. Local companies such as First Citizens Bank, Byrd & Company CPA, and Auto Barn are found throughout the area. The cost of living in Newry, SC is quite reasonable compared to other areas of the state. 2-bedroom rental prices are $820 per month while groceries average 99 on the cost index compared to 100 in the US. This makes it a great place to settle down with its combination of rural feel but access to all that urban life has to offer.
Newry has an unemployment rate of 4.2%. The US average is 6.0%.
Newry has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.
Tax Rates for Newry
- The Sales Tax Rate for Newry is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Newry 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 Newry
- The average income of a Newry resident is $19,716 a year. The US average is $37,638 a year.
- The Median household income of a Newry resident is $0 a year. The US average is $69,021 a year.