Scranton, SC Economy


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Scranton, SC is a great city with plenty of things to do and see. It has an affordable cost of living, with 2 bedroom rent averaging $800 compared to the US average of $1430. Grocery costs in Scranton are also more reasonable than elsewhere in the country, with a local grocery cost index of 93 versus 100 in the US. The area is home to plenty of businesses such as Walmart, Lowe's, and Bi-Lo Supermarkets. There are many attractions to explore such as parks like Glendale Park and Southside Park; shopping venues like the Westgate Mall; and unique local eateries such as The Smoking Pig BBQ. Scranton brings together affordability, convenience, culture, and entertainment all in one place making it a great place to live or visit!

Scranton has an unemployment rate of 4.8%. The US average is 6.0%.

Scranton has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Scranton
- The Sales Tax Rate for Scranton is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Scranton 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 Scranton
- The average income of a Scranton resident is $15,290 a year. The US average is $28,555 a year.
- The Median household income of a Scranton resident is $34,219 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyScranton, South CarolinaUnited States
  4.86
  -2.4%-6.2%
  28.8%33.5%
  8.0%6.2%
  7.0%4.6%
  $18,900$37,638
  $34,219$69,021
  $39,688$85,028
  Population by Occupation
  10.7%1.2%
  0.0%0.5%
  2.8%6.8%
  6.2%10.0%
  1.7%2.5%
  16.9%11.0%
  7.2%4.8%
  2.8%0.8%
  0.0%1.9%
  11.0%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  5.9%4.2%
  10.7%9.3%
  3.4%14.0%
  1.7%2.1%
  19.0%7.0%
  0.0%4.8%
  0.0%4.7%
Health
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