Dorchester, SC County is a great place to live with plenty of opportunities for growth. With a 2 bedroom rent that is slightly higher than the national average, Dorchester is still affordable for those looking to move there. This county is home to many respected companies such as Volvo Car USA, Palmetto State Bank, and Goodwill Industries of Lower South Carolina. Furthermore, the cost of groceries in Dorchester is two points lower than the US index which helps keep costs down. All in all, Dorchester offers an attractive combination of low cost living and job opportunities that make it ideal for those looking for value.
Dorchester County has an unemployment rate of 4.4%. The US average is 6.0%.
Dorchester 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 34.5%, which is higher than the US average of 33.5%.
Tax Rates for Dorchester County
- The Sales Tax Rate for Dorchester County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Dorchester 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 Dorchester County
- The average income of a Dorchester County resident is $32,508 a year. The US average is $37,638 a year.
- The Median household income of a Dorchester County resident is $68,046 a year. The US average is $69,021 a year.