Woodfield, SC is a beautiful town located in the heart of South Carolina. It has a vibrant culture and thriving economy with multiple local companies such as Woodfield Auto Parts, Woodfield Technology Solutions, and Forrest Home Builders. The cost of living in Woodfield is relatively low compared to other cities in the US. For example, the average two bedroom rent in Woodfield is $1,280 while it is $1,430 on average throughout the US. Furthermore, the Grocery Cost Index in Woodfield is 95 versus 100 in the US. This proves that living costs are lower here than almost anywhere else, making it an attractive place to live for those looking for a more affordable lifestyle.
Woodfield has an unemployment rate of 4.9%. The US average is 6.0%.
Woodfield has seen the job market decrease by -1.9% over the last year. Future job growth over the next ten years is predicted to be 28.5%, which is lower than the US average of 33.5%.
Tax Rates for Woodfield
- The Sales Tax Rate for Woodfield is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Woodfield 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 Woodfield
- The average income of a Woodfield resident is $22,022 a year. The US average is $37,638 a year.
- The Median household income of a Woodfield resident is $38,239 a year. The US average is $69,021 a year.