Springfield, SC Economy


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Springfield, SC is a small town located in the southeastern part of the state. The cost of living here is relatively low, as reflected by the 2-bedroom rent being $880 and the grocery cost index being 92 compared to 100 in the US. Despite its size, Springfield offers a lot of amenities and cultural attractions, including Hartfield Park, Pineville Community Center and several local businesses like Springfield Pharmacy and Springfield Computer Repair. There are also numerous events throughout the year such as the annual Harvest Festival which brings locals together from all across the region. In addition, Springfield has plenty of dining and shopping choices for families looking for an affordable outing.

Springfield has an unemployment rate of 7.8%. The US average is 6.0%.

Springfield has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.

Tax Rates for Springfield
- The Sales Tax Rate for Springfield is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield 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 Springfield
- The average income of a Springfield resident is $22,428 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $38,021 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpringfield, South CarolinaUnited States
  7.86
  -3.6%-6.2%
  20.6%33.5%
  7.0%6.2%
  7.0%4.6%
  $17,965$37,638
  $38,021$69,021
  $56,250$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  17.9%6.8%
  36.9%10.0%
  0.0%2.5%
  0.6%11.0%
  0.6%4.8%
  1.1%0.8%
  0.0%1.9%
  0.0%4.7%
  0.0%1.9%
  1.7%7.6%
  0.0%0.1%
  5.0%4.2%
  20.1%9.3%
  8.9%14.0%
  0.0%2.1%
  1.1%7.0%
  0.0%4.8%
  6.1%4.7%
Health
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