Sumter Metro Area, SC Economy


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Sumter, SC Metro Area has much to offer its residents. It is a vibrant city with a wide variety of businesses, attractions, and amenities. Major employers in Sumter include Walmart, Amazon, McDonald's, and the Sumter County School District. The cost of living in Sumter is quite reasonable with a two bedroom rental averaging $940 per month; this is significantly lower than the national average of $1,430 per month for similar accommodations. Additionally the grocery cost index in Sumter is 93 versus 100 in the US making it an even more economical place to live. With so much to offer and economical options available it's no wonder that many are choosing to call the Sumter SC Metro Area home.

Sumter Metro Area has an unemployment rate of 5.5%. The US average is 6.0%.

Sumter 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 26.7%, which is lower than the US average of 33.5%.

Tax Rates for Sumter Metro Area
- The Sales Tax Rate for Sumter Metro Area is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Sumter 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 Sumter Metro Area
- The average income of a Sumter Metro Area resident is $20,395 a year. The US average is $28,555 a year.
- The Median household income of a Sumter Metro Area resident is $48,423 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySumter, South CarolinaUnited States
  5.56
  -3.2%-6.2%
  26.7%33.5%
  8.0%6.2%
  7.0%4.6%
  $25,558$37,638
  $48,423$69,021
  $62,011$85,028
  Population by Occupation
  2.1%1.2%
  0.0%0.5%
  7.2%6.8%
  15.7%10.0%
  1.6%2.5%
  10.6%11.0%
  4.8%4.8%
  0.9%0.8%
  1.5%1.9%
  2.7%4.7%
  1.3%1.9%
  3.3%7.6%
  0.1%0.1%
  5.0%4.2%
  8.6%9.3%
  14.5%14.0%
  1.3%2.1%
  7.6%7.0%
  5.1%4.8%
  5.9%4.7%
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