Saxon, SC is a small town located in the eastern part of the state. The cost of living is relatively low compared to many other areas in the US, with an average two bedroom rent of $1,050 and a grocery cost index of 95 against 100 in the US. Saxon offers its residents a peaceful and rural atmosphere with numerous outdoor activities and local establishments. Local companies include Saxon Electric and Hardware, White House Country Store, and Saxon Automotive & Truck Parts. These businesses are essential for providing goods and services to the community that would otherwise be difficult to obtain.
Saxon has an unemployment rate of 4.7%. The US average is 6.0%.
Saxon has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Saxon
- The Sales Tax Rate for Saxon is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Saxon 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 Saxon
- The average income of a Saxon resident is $12,002 a year. The US average is $28,555 a year.
- The Median household income of a Saxon resident is $24,140 a year. The US average is $69,021 a year.