Berkeley, SC County is a great place to live and work. The rent for a two-bedroom apartment is slightly higher than the US average at $1,530 per month. This allows residents to have access to quality housing options at an affordable price. Additionally, the Grocery Cost Index in Berkeley is 99 compared to 100 nationally, ensuring that food costs are competitive with other parts of the country.
The area provides ample business opportunities with large companies like United Technologies and International Paper having significant operations in Berkeley County. Smaller local businesses also thrive here, such as Goodwill Industries and Lowcountry Produce Distributors.
Residents of Berkeley can find plenty of ways to entertain themselves. Popular activities include visiting Cypress Gardens or participating in outdoor recreation like fishing or kayaking on Lake Moultrie. For those who prefer more indoor activities, there are plenty of restaurants and great shopping options throughout the county.
Berkeley County has an unemployment rate of 4.4%. The US average is 6.0%.
Berkeley County has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 41.1%, which is higher than the US average of 33.5%.
Tax Rates for Berkeley County
- The Sales Tax Rate for Berkeley County is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Berkeley 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 Berkeley County
- The average income of a Berkeley County resident is $34,141 a year. The US average is $37,638 a year.
- The Median household income of a Berkeley County resident is $70,786 a year. The US average is $69,021 a year.