Wellford, SC is a small city located in South Carolina. It has a small population and is a great place to live for individuals and families alike. The rent for a two-bedroom apartment in Wellford, SC is significantly lower than the US average of $1,430, being only $960. This means that residents of Wellford have more money left over each month to spend on other necessities such as groceries. The Grocery Cost Index in Wellford is 95 versus 100 in the US which indicates that grocery costs are significantly lower there than in most other cities. Some local companies based in Wellford include Anderson Brothers Construction Company, Southside Printing and Packaging, and Magno Technologies. All of these businesses provide great job opportunities for residents of the town of Wellford.
Wellford has an unemployment rate of 4.7%. The US average is 6.0%.
Wellford has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Wellford
- The Sales Tax Rate for Wellford is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Wellford 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 Wellford
- The average income of a Wellford resident is $19,934 a year. The US average is $37,638 a year.
- The Median household income of a Wellford resident is $50,084 a year. The US average is $69,021 a year.