Patrick, SC is a small city located in South Carolina. It has a low cost of living as compared to the US average, making it an attractive place to live. The 2 bedroom rent in Patrick is $760 which is significantly lower than the US average of $1,430. Additionally, the grocery cost index in Patrick is 92 versus 100 in the US. This means groceries are cheaper than most places in the US. Patrick is also home to several local companies such as Ace Hardware and Patrick Lumber Company that offer quality products at affordable prices. All-in-all, residents of Patrick enjoy a high standard of living for a fraction of what people pay elsewhere in the country.
Patrick has an unemployment rate of 5.3%. The US average is 6.0%.
Patrick has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 32.0%, which is lower than the US average of 33.5%.
Tax Rates for Patrick
- The Sales Tax Rate for Patrick is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Patrick 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 Patrick
- The average income of a Patrick resident is $21,219 a year. The US average is $28,555 a year.
- The Median household income of a Patrick resident is $23,846 a year. The US average is $69,021 a year.