Timmonsville, SC is an attractive residential destination located in the heart of South Carolina. It is known for its rural charm and access to nearby places like Florence and Darlington. The cost of living in Timmonsville is quite low with the average two-bedroom rent being $920 compared to the US two-bedroom average rent of $1,430. The local grocery cost index is also lower, at 93 as opposed to 100 in the US.
The area boasts numerous local businesses including Florence County Disposal Services that provide waste management services and Church Street Pharmacy which offers prescription medications. Additionally, there are several small retail outlets, banks, and restaurants throughout town.
In conclusion, Timmonsville provides an affordable and convenient living environment that is close to larger cities. With a range of local amenities on offer, it offers a peaceful atmosphere with plenty of opportunities for work or leisure activities nearby.
Timmonsville has an unemployment rate of 4.8%. The US average is 6.0%.
Timmonsville has seen the job market decrease by -2.4% 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 Timmonsville
- The Sales Tax Rate for Timmonsville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Timmonsville 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 Timmonsville
- The average income of a Timmonsville resident is $18,894 a year. The US average is $37,638 a year.
- The Median household income of a Timmonsville resident is $28,885 a year. The US average is $69,021 a year.