Seneca Metro Area, SC Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Seneca, SC Metro Area is an attractive destination for those seeking more affordable housing and grocery costs. The average 2 bedroom rental rate is $840 which is significantly lower than the US average of $1,430. The area also offers a lower Grocery Cost Index than the US at 98 compared to 100. Those looking to move to this area may find employment with a number of local companies such as Clemson University, Oconee Memorial Hospital, and Lockheed Martin. There are also many small family-run establishments that offer unique experiences in the area.

Seneca Metro Area has an unemployment rate of 4.2%. The US average is 6.0%.

Seneca Metro Area has seen the job market increase by 1.2% over the last year. Future job growth over the next ten years is predicted to be 29.3%, which is lower than the US average of 33.5%.

Tax Rates for Seneca Metro Area
- The Sales Tax Rate for Seneca Metro Area is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Seneca 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 Seneca Metro Area
- The average income of a Seneca Metro Area resident is $24,321 a year. The US average is $28,555 a year.
- The Median household income of a Seneca Metro Area resident is $52,842 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeneca, South CarolinaUnited States
  4.26
  -2.1%-6.2%
  29.3%33.5%
  6.0%6.2%
  7.0%4.6%
  $32,986$37,638
  $52,842$69,021
  $68,402$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  8.6%6.8%
  19.3%10.0%
  1.4%2.5%
  10.4%11.0%
  2.6%4.8%
  3.3%0.8%
  0.9%1.9%
  2.8%4.7%
  1.7%1.9%
  4.7%7.6%
  0.2%0.1%
  4.7%4.2%
  10.3%9.3%
  12.3%14.0%
  1.4%2.1%
  7.7%7.0%
  4.1%4.8%
  2.1%4.7%
Health