Springdale town (Lexington County), SC Economy


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Springdale, SC is a great place to live, with affordable housing and cost of living. With a 2 bedroom rent of just $1,050 per month, it's significantly lower than the US average of $1,430. The grocery cost index in Springdale is also quite low at 96 compared to the US 100. This means that residents can stretch their money further and save more on groceries. There are also many local businesses that contribute to Springdale's thriving economy such as Hamlett’s Office Supply & Printing Inc., Spradley Brothers Car Wash, Cash Financial Services Inc., and Monitors Plus Inc. These companies provide excellent services and employment opportunities for locals.

Springdale town (Lexington County) has an unemployment rate of 3.7%. The US average is 6.0%.

Springdale town (Lexington County) has seen the job market decrease by -2.0% over the last year. Future job growth over the next ten years is predicted to be 31.2%, which is lower than the US average of 33.5%.

Tax Rates for Springdale town (Lexington County)
- The Sales Tax Rate for Springdale town (Lexington County) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springdale town (Lexington County) 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 Springdale town (Lexington County)
- The average income of a Springdale town (Lexington County) resident is $36,193 a year. The US average is $37,638 a year.
- The Median household income of a Springdale town (Lexington County) resident is $64,559 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringdale town (Lexington County), South CarolinaUnited States
  3.76
  -2.0%-6.2%
  31.2%33.5%
  7.0%6.2%
  7.0%4.6%
  $36,193$37,638
  $64,559$69,021
  $81,373$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  9.7%6.8%
  13.2%10.0%
  3.5%2.5%
  9.2%11.0%
  5.8%4.8%
  0.4%0.8%
  1.5%1.9%
  3.4%4.7%
  2.1%1.9%
  5.5%7.6%
  0.0%0.1%
  3.1%4.2%
  10.7%9.3%
  13.6%14.0%
  1.3%2.1%
  9.0%7.0%
  1.8%4.8%
  5.9%4.7%
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