Beaufort County, SC Economy


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United States / South Carolina / / Beaufort County / Cities / Zip Codes
Beaufort, SC County is a great place to live! With an average rent of $1,460 for 2 bedroom apartments which is slightly higher than the US average of $1,430, Beaufort offers affordable housing. Furthermore, one can find work at major companies like Atlantic Tractor and Hyster-Yale Materials Handling which are both located in the county. The grocery cost index in Beaufort is 103 compared to 100 for the whole country, which means local groceries are just slightly more expensive than national averages. In conclusion, Beaufort County offers a great quality of life with some costs being higher than the US average but overall still very reasonable.

Beaufort County has an unemployment rate of 4.1%. The US average is 6.0%.

Beaufort 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 38.3%, which is higher than the US average of 33.5%.

Tax Rates for Beaufort County
- The Sales Tax Rate for Beaufort County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Beaufort 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 Beaufort County
- The average income of a Beaufort County resident is $32,290 a year. The US average is $28,555 a year.
- The Median household income of a Beaufort County resident is $74,199 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaufort, South CarolinaUnited States
  4.16
  -3.1%-6.2%
  38.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $43,463$37,638
  $74,199$69,021
  $86,724$85,028
  Population by Occupation
  0.9%1.2%
  0.0%0.5%
  8.0%6.8%
  6.1%10.0%
  1.2%2.5%
  14.6%11.0%
  2.8%4.8%
  0.8%0.8%
  2.0%1.9%
  3.2%4.7%
  3.3%1.9%
  7.2%7.6%
  0.0%0.1%
  5.8%4.2%
  7.7%9.3%
  13.2%14.0%
  2.9%2.1%
  11.6%7.0%
  5.0%4.8%
  3.7%4.7%
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