What is middle class in SC?

1. (The Center Square) – In South Carolina, households must earn a minimum of $21,583 per year to be considered middle class, with the upper earnings boundary set at $102,365, according to a new 24/7 Wall St.

Besides, What’s a comfortable salary in South Carolina? As of Aug 1, 2022, the average annual pay for the Comfortable jobs category in South Carolina is $36,812 a year. Just in case you need a simple salary calculator, that works out to be approximately $17.70 an hour. This is the equivalent of $708/week or $3,068/month.

What is the poorest town in South Carolina?

(The Center Square) – Dunean was ranked the poorest town in South Carolina in a 24/7 Wall St. analysis examining small, lower-income communities where households earn much less than the nation’s median annual household income.

What is considered upper class in SC? South Carolina households must make at least $112,365 to be in state’s top 20% (The Center Square) – In South Carolina, households must earn a minimum of $112,365 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St.

Hence, What is considered low income in South Carolina? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child. If a family’s total income is less than the corresponding threshold, then that family and every individual in it is considered in poverty.

Is it cheaper to live in SC or NC?

While North Carolina’s overall cost of living is still lower compared to the national average of 100%, it’s still slightly above South Carolina’s cost of living. Furthermore, people living in NC pay below the country’s average for housing, groceries, utilities, and transportation.

Is it cheaper to live in SC or TX?

Texas is 0.6% cheaper than South Carolina.

Is SC a poor state?

With its poverty, lower life expectancy and unsettling crime rate , South Carolina ranks as the eighth worst state in the nation in a new report on the best and worst places to raise a family. The report compares states across dozens of indicators, such as affordable housing, education quality, median income and crime.

Where does SC rank in poverty?

GREENVILLE, S.C. — A new report shows South Carolina is ranked the 10th poorest state in the country.

What jobs are in demand in South Carolina?

Detailed List Of The Fastest Growing Jobs In South Carolina

• May 17, 2019

Where is the best place to live in South Carolina?

Best Places to Live in South Carolina in 2022-2023

• Myrtle Beach, SC.
• Greenville, SC.
• Charleston, SC.
• Spartanburg, SC.
• Columbia, SC.

Why are houses so cheap in South Carolina?

Why are houses so cheap in South Carolina? There are a number of reasons. South Carolina is in the top 10 lowest taxed states, so living here offers lower real estate taxes, sales tax, and personal income tax. Gas taxes are low, which means the costs of transportation are the lowest in the US.

What is a comfortable salary in South Carolina?

According to the Economic Policy Institute, the annual cost of living for a single person without any children averages to $2,332 monthly. If you’re single, you need to make $14.72 per hour in order to make a liveable wage in South Carolina. In 2018, the median household income was $57,340.

What is middle class salary in South Carolina?

The following data are the most current income statistics for South Carolina from the US Census Bureau, are in 2020 inflation adjusted dollars and are from the American Community Survey 2020 5-year estimates. Median Household Income: $54,864. Average Household Income: $76,390. Per Capita Income: $30,727.

What is a middle class wage in South Carolina?

South Carolina households must make at least $21,583 to reach middle class, study finds. (The Center Square) – In South Carolina, households must earn a minimum of $21,583 per year to be considered middle class, with the upper earnings boundary set at $102,365, according to a new 24/7 Wall St.

What is the wealthiest zip code in South Carolina?