Florence County, SC is a great place to live. It offers an affordable cost of living compared to the US as 2 bedroom rent is $930 versus $1,430 across the country and has a grocery cost index of 94 compared to 100 in the US. This county is home to several major companies such as Johnson & Wales University and International Paper, along with several smaller businesses like Baron Real Estate Services and Peoples Bank of Carolina. Florence County offers its residents great job opportunities, as well as a safe environment with all the amenities of a larger city but without the hustle and bustle.
Florence County has an unemployment rate of 4.8%. The US average is 6.0%.
Florence County has seen the job market increase by 0.4% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Florence County
- The Sales Tax Rate for Florence County is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Florence 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 Florence County
- The average income of a Florence County resident is $22,522 a year. The US average is $28,555 a year.
- The Median household income of a Florence County resident is $51,902 a year. The US average is $69,021 a year.