Union, SC County is a great place to live for those looking to save money. With a two-bedroom rent of only $780, it is significantly cheaper than the national average of $1,430. Additionally, the grocery cost index in Union County is 92 compared to the national average of 100 – meaning groceries are even more affordable here. This makes Union County a great choice for those wanting to keep their costs low. Local employers include companies such as Koyo Bearings, Torrington Bearings and KGM Industries, Inc., which specialize in auto parts and supplies. Union Memorial Hospital and Fox Manufacturing are also located in Union County, providing healthcare services and industrial manufacturing solutions respectively.
Union County has an unemployment rate of 7.5%. The US average is 6.0%.
Union County has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 34.3%, which is higher than the US average of 33.5%.
Tax Rates for Union County
- The Sales Tax Rate for Union County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Union 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 Union County
- The average income of a Union County resident is $23,885 a year. The US average is $37,638 a year.
- The Median household income of a Union County resident is $40,048 a year. The US average is $69,021 a year.