Woodford, SC is a small town with a population of just under 5,000 people and is located in South Carolina. The town is known for its friendly community and access to various outdoor activities. Woodford has a variety of local businesses such as Hudson's Hometown Market, Fox's Auto Parts and Quik Mart convenience store. Homeowners enjoy affordable rent options with two-bedroom apartments averaging $890 per month, compared to the national average of $1,430 monthly. Living costs are also lower than average in Woodford, with the Grocery Cost Index at 91 versus 100 nationally. Overall, Woodford provides an affordable and small-town atmosphere for its residents.
Woodford has an unemployment rate of 7.8%. The US average is 6.0%.
Woodford has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 20.6%, which is lower than the US average of 33.5%.
Tax Rates for Woodford
- The Sales Tax Rate for Woodford is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Woodford 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 Woodford
- The average income of a Woodford resident is $18,943 a year. The US average is $28,555 a year.
- The Median household income of a Woodford resident is $25,357 a year. The US average is $69,021 a year.