Promised Land, SC is a great place to live with affordable costs of living. The average 2 bedroom rent in Promised Land is only $860 compared to the US's average rent of $1,430. The grocery cost index is also much lower than the US’s at 93 versus 100. The city offers plenty of jobs from local companies like Promised Land Enterprises, Pete’s Auto Parts Distribution, and Smith Farms Grocery Store. With such reasonable prices for housing and groceries, it's no wonder why so many people choose to call Promised Land home.
Promised Land has an unemployment rate of 5.5%. The US average is 6.0%.
Promised Land has seen the job market decrease by -2.6% over the last year. Future job growth over the next ten years is predicted to be 26.1%, which is lower than the US average of 33.5%.
Tax Rates for Promised Land
- The Sales Tax Rate for Promised Land is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Promised Land 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 Promised Land
- The average income of a Promised Land resident is $17,162 a year. The US average is $37,638 a year.
- The Median household income of a Promised Land resident is $52,057 a year. The US average is $69,021 a year.