Richland, SC County is a great place to live with many local companies contributing to its economy. It has a vibrant culture with plenty of activities for all ages, including movie theaters, shopping malls, museums and more. The cost of living in the area is relatively low with two bedroom rent at only $1,130 compared to the national average of $1,430. Additionally, the Grocery Cost Index in Richland is 96 compared to 100 nationally, making it an affordable area for groceries as well. Local companies include Amazon Fulfillment Center and Federal Bureau of Prisons among others. The county also has a strong financial status with successful businesses driving its growth and development.
Richland County has an unemployment rate of 4.9%. The US average is 6.0%.
Richland County has seen the job market decrease by -0.2% 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 Richland County
- The Sales Tax Rate for Richland County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Richland 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 Richland County
- The average income of a Richland County resident is $25,920 a year. The US average is $28,555 a year.
- The Median household income of a Richland County resident is $56,137 a year. The US average is $69,021 a year.