Georgetown, SC County is a great place to live in South Carolina. The cost of living in the area is relatively low compared to the rest of the United States with rent for two bedrooms averaging only $930 per month. Grocery costs are also lower than the US average at 98 versus 100 in the US. There are several large businesses that operate in Georgetown SC such as International Paper, Sunoco, and Walmart Distribution Center. Additionally, there are numerous small businesses that contribute to the local economy such as Cat's Pawn Shop and Georgetown Seafood Market. These businesses provide employment opportunities and additional services that benefit the local community.
Georgetown County has an unemployment rate of 5.9%. The US average is 6.0%.
Georgetown County has seen the job market decrease by -2.2% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.
Tax Rates for Georgetown County
- The Sales Tax Rate for Georgetown County is 7.2%. The US average is 7.3%.
- The Income Tax Rate for Georgetown County is 7.0%. The US average is 4.6%.
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Income and Salaries for Georgetown County
- The average income of a Georgetown County resident is $36,867 a year. The US average is $37,638 a year.
- The Median household income of a Georgetown County resident is $55,719 a year. The US average is $69,021 a year.