Ruby, SC is a small town situated in the heart of South Carolina. It is home to many local businesses such as Ruby Bakery, Ruby Brewery, and Ruby Grocery Store. The cost of living in Ruby is relatively low compared to the rest of the United States. The average 2 bedroom rent in Ruby is only $790, while the US 2 bedroom rent averages at $1,430. Additionally, the Grocery Cost Index in Ruby is 93 versus 100 in the US. This makes it a great place for people looking for an affordable place to live.
Ruby has an unemployment rate of 5.3%. The US average is 6.0%.
Ruby 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 Ruby
- The Sales Tax Rate for Ruby is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Ruby 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 Ruby
- The average income of a Ruby resident is $19,599 a year. The US average is $28,555 a year.
- The Median household income of a Ruby resident is $50,208 a year. The US average is $69,021 a year.