Newberry County, SC Economy


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United States / South Carolina / / Newberry County / Cities / Zip Codes
Newberry, SC County is a great place to live and work. It has an affordable cost of living and plenty of local businesses that provide essential goods and services. The average rent for a two-bedroom apartment in Newberry County is $880, which is significantly lower than the US average of $1,430. Groceries are also more affordable in Newberry County, with a Grocery Cost Index rating of 94 compared to 100 in the US. Local companies such as Newberry Dental Care and Hall's Exxon offer quality products and services at competitive rates. With its lower cost of living and wide range of local businesses, Newberry County is an ideal choice for those looking for a new place to live or do business.

Newberry County has an unemployment rate of 4.0%. The US average is 6.0%.

Newberry County has seen the job market increase by 0.6% over the last year. Future job growth over the next ten years is predicted to be 24.3%, which is lower than the US average of 33.5%.

Tax Rates for Newberry County
- The Sales Tax Rate for Newberry County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Newberry 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 Newberry County
- The average income of a Newberry County resident is $22,073 a year. The US average is $28,555 a year.
- The Median household income of a Newberry County resident is $50,950 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewberry, South CarolinaUnited States
  46
  -1.5%-6.2%
  24.3%33.5%
  7.0%6.2%
  7.0%4.6%
  $28,591$37,638
  $50,950$69,021
  $63,756$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  5.9%6.8%
  23.2%10.0%
  3.6%2.5%
  10.0%11.0%
  2.6%4.8%
  1.8%0.8%
  0.9%1.9%
  1.9%4.7%
  1.2%1.9%
  1.4%7.6%
  0.0%0.1%
  4.4%4.2%
  8.3%9.3%
  14.4%14.0%
  0.8%2.1%
  4.4%7.0%
  6.9%4.8%
  6.8%4.7%
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