Florence, SC Metro Area is an attractive and affordable place to live. Not only does the area have a lower 2 bedroom rent cost than the national average, it also has a lower grocery cost index, making living here more economical. Additionally, there are many local companies and attractions that make Florence, SC Metro Area an even more desirable place to live. A few of these businesses include McLeod Health hospital, Darlington Raceway stock car track, South Carolina's Firehouse Bar & Grill and Robert E. Lee Recreation Center. There are also many museums such as The Florence County Museum of Art and the War Between the States Museum where visitors can learn about the history of the area. With all these amenities and much more Florence is truly a great place to call home.
Florence Metro Area has an unemployment rate of 5.0%. The US average is 6.0%.
Florence Metro Area has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 28.4%, which is lower than the US average of 33.5%.
Tax Rates for Florence Metro Area
- The Sales Tax Rate for Florence Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Florence Metro Area 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 Metro Area
- The average income of a Florence Metro Area resident is $21,623 a year. The US average is $28,555 a year.
- The Median household income of a Florence Metro Area resident is $48,328 a year. The US average is $69,021 a year.