Lancaster County, SC Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
United States / South Carolina / / Lancaster County / Cities / Zip Codes
Lancaster, SC County is a great place to live for those looking for an affordable lifestyle. The area offers two bedroom rent of only $910 compared to the US average of $1,430. Additionally, Lancaster has a grocery cost index of 96 compared to 100 in the US. The area also offers unique and diverse job opportunities in various industries such as manufacturing, healthcare, and finance. Some of the local businesses that offer high-paying jobs include Springs Industries, Lancaster Food Corporation, Buford Packaging Corporation, and Walmart Supercenter. Not only do these companies provide jobs to locals but they also help to support the local economy.

Lancaster County has an unemployment rate of 5.2%. The US average is 6.0%.

Lancaster County has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 44.6%, which is higher than the US average of 33.5%.

Tax Rates for Lancaster County
- The Sales Tax Rate for Lancaster County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Lancaster County 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 Lancaster County
- The average income of a Lancaster County resident is $21,943 a year. The US average is $28,555 a year.
- The Median household income of a Lancaster County resident is $67,407 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLancaster, South CarolinaUnited States
  5.26
  -1.7%-6.2%
  44.6%33.5%
  8.0%6.2%
  7.0%4.6%
  $35,974$37,638
  $67,407$69,021
  $79,296$85,028
  Population by Occupation
  0.4%1.2%
  0.5%0.5%
  6.2%6.8%
  18.1%10.0%
  2.1%2.5%
  10.0%11.0%
  4.3%4.8%
  1.4%0.8%
  2.3%1.9%
  7.8%4.7%
  1.8%1.9%
  6.0%7.6%
  0.1%0.1%
  4.6%4.2%
  7.6%9.3%
  11.4%14.0%
  2.0%2.1%
  5.6%7.0%
  4.9%4.8%
  2.9%4.7%
Health