Williams, SC Economy


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United States / South Carolina / No Metro Area / Colleton County / Williams / Zip Codes
Williams, SC is a small city located in the eastern parts of South Carolina. It has a population of about 5,000 people and is known for its low cost of living. The average 2 bedroom rent in Williams is $770 as compared to the national average 2 bedroom rent of $1,430, making it an affordable place to live. Moreover, the Grocery Cost Index in Williams is 94 as compared to 100 in the US making groceries cheaper than other parts of the country.
The city is home to some local companies such as Brown's Pest Solutions and Ken Schutte & Company providing services such as pest control and accounting respectively. Additionally, there are parks like Keels Park and Sheppard Park where one can enjoy outdoor activities like playing volleyball and going on nature walks or hikes with family. All these factors make Williams an attractive city for those looking for an affordable yet quality lifestyle.

Williams has an unemployment rate of 5.3%. The US average is 6.0%.

Williams has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.

Tax Rates for Williams
- The Sales Tax Rate for Williams is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Williams 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 Williams
- The average income of a Williams resident is $26,160 a year. The US average is $28,555 a year.
- The Median household income of a Williams resident is $67,500 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilliams, South CarolinaUnited States
  5.36
  -3.2%-6.2%
  33.0%33.5%
  8.0%6.2%
  7.0%4.6%
  $29,012$37,638
  $67,500$69,021
  $73,000$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  12.2%10.0%
  4.1%2.5%
  0.0%11.0%
  0.0%4.8%
  4.1%0.8%
  0.0%1.9%
  0.0%4.7%
  10.2%1.9%
  0.0%7.6%
  0.0%0.1%
  4.1%4.2%
  12.2%9.3%
  26.5%14.0%
  0.0%2.1%
  4.1%7.0%
  2.0%4.8%
  20.4%4.7%
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