Gaffney Metro Area, SC Economy


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United States / South Carolina / Gaffney Metro Area / Counties / Cities / Zip Codes
Gaffney, SC Metro Area is a great place to live for those looking for an affordable lifestyle. The area has the lowest 2 bedroom rent in the US at $810 as compared to the national average of $1,430. It also offers more savings on groceries with its Grocery Cost Index of 93 versus 100 in the US. Moreover, Gaffney, SC Metro Area is home to great businesses and attractions. Notable local companies include Bosch Rexroth Corporation, Mary Black Hospital and AFLAC while tourist spots like Cowpens National Battlefield offer visitors a chance to explore history. Other places of interest like Limestone College and Cherokee County Historical Museum are also popular among locals and tourists alike.

Gaffney Metro Area has an unemployment rate of 6.1%. The US average is 6.0%.

Gaffney Metro Area has seen the job market increase by 1.4% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Gaffney Metro Area
- The Sales Tax Rate for Gaffney Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Gaffney 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 Gaffney Metro Area
- The average income of a Gaffney Metro Area resident is $19,185 a year. The US average is $28,555 a year.
- The Median household income of a Gaffney Metro Area resident is $41,330 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGaffney, South CarolinaUnited States
  6.16
  -4.6%-6.2%
  37.3%33.5%
  8.0%6.2%
  7.0%4.6%
  $23,828$37,638
  $41,330$69,021
  $58,020$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  7.0%6.8%
  23.7%10.0%
  2.2%2.5%
  12.3%11.0%
  5.0%4.8%
  1.6%0.8%
  0.4%1.9%
  2.5%4.7%
  0.9%1.9%
  2.5%7.6%
  0.0%0.1%
  5.1%4.2%
  7.9%9.3%
  10.5%14.0%
  0.7%2.1%
  7.9%7.0%
  5.2%4.8%
  4.0%4.7%
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