South Carolina State is a great place to live and work with a variety of different opportunities. There are many local companies that have a presence in the state, such as Boeing South Carolina, Amazon Fulfillment Centers, BMW of North America, and Michelin North America. Rent for two bedroom homes in South Carolina is much lower than the national average at $1,110 versus $1,430. The cost of groceries is also lower with an index score of 96 versus 100 nationally. With all these benefits and more, it's no wonder why South Carolina is home to so many people.
South Carolina has an unemployment rate of 4.8%. The US average is 6.0%.
South Carolina has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 33.8%, which is higher than the US average of 33.5%.
Tax Rates for South Carolina
- The Sales Tax Rate for South Carolina is 7.4%. The US average is 7.3%.
- The Income Tax Rate for South Carolina 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 South Carolina
- The average income of a South Carolina resident is $32,823 a year. The US average is $37,638 a year.
- The Median household income of a South Carolina resident is $58,234 a year. The US average is $69,021 a year.