Watts Mills, SC Economy


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Watts Mills, SC is a small town located in South Carolina. It has an affordable cost of living and offers many local activities and amenities for residents to enjoy. Commonly found businesses include shops, restaurants, and services such as a gas station, post office, drug store, bank, and grocery store. There are also several churches in the area for residents to attend. The average 2 Bedroom rent in Watts Mills is $820 compared to $1,430 in the US. Additionally, the Grocery Cost Index for Watts Mills is 94 versus 100 in the US which makes groceries more affordable for residents living there.

Watts Mills has an unemployment rate of 5.1%. The US average is 6.0%.

Watts Mills has seen the job market decrease by -3.3% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.

Tax Rates for Watts Mills
- The Sales Tax Rate for Watts Mills is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Watts Mills 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 Watts Mills
- The average income of a Watts Mills resident is $14,694 a year. The US average is $37,638 a year.
- The Median household income of a Watts Mills resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWatts Mills, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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