A person working in South Carolina typically earns around 94,500 USD per year. Salaries range from 23,900 USD (lowest average) to 422,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.
What’s considered a good salary in South Carolina?
Average Salary in South Carolina
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $84,961 | $7,080 |
| 75th Percentile | $69,857 | $5,821 |
| Average | $63,020 | $5,251 |
| 25th Percentile | $46,728 | $3,894 |
What is middle class income in SC?
(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. analysis.
What is the average household income in SC?
The following data are the most current income statistics for South Carolina from the US Census Bureau, are in 2019 inflation adjusted dollars and are from the American Community Survey 2019 5-year estimates. Median Household Income: $53,199. Average Household Income: $73,520. Per Capita Income: $29,426.
What is the highest paying job in SC?
Highest paying jobs in South Carolina
- Physical scientist.
- Pharmacists.
- Family medicine physician.
- Gynecologist and obstetrician.
- Dentist.
- Orthodontist. State average salary: $250,517 per year.
- Psychiatrist. State average salary: $296,302 per year.
- Anesthesiologist. State average salary: $377,366 per year.
What is the average cost of living in SC?
An amount below 100 means South Carolina is cheaper than the US average. A cost-of-living index above 100 means South Carolina is more expensive.
South Carolina cost of living is 88.5%
| COST OF LIVING | South Carolina | United States |
|---|---|---|
| Overall | 88.5 | 100 |
| Grocery | 95.8 | 100 |
| Housing | 73.6 | 100 |
| Median Home Cost | $170,100 | $231,200 |
Is it cheaper to live in SC or TX?
Texas is 6.0% cheaper than South Carolina.
What salary is upper class?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.
What is considered a wealthy salary?
With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $500,000 a year in 2022 is considered a top 1% income earner. Of course, some parts of the country require a higher income level to be in the top 1% income, e.g. Connecticut at $580,000.
What is considered high class?
In 2021, the median household income is roughly $68,000. An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher. However, an upper class income also depends on where you live.
What is the poverty line in SC?
How is poverty defined? 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.
What is the richest county in South Carolina?
Beaufort
South Carolina Counties Ranked by Per Capita Income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Beaufort | $32,731 |
| 2 | Charleston | $29,401 |
| United States | $27,334 | |
| 3 | Lexington | $26,393 |
What is the average net worth in South Carolina?
Net Worth Breakdown by State
| Rank | State | Amount |
|---|---|---|
| 26 | South Carolina | $587,075 |
| 27 | Georgia | $568,001 |
| 28 | New Mexico | $553,107 |
| 29 | Wisconsin | $553,086 |
How much does a teacher with a masters make in SC?
While ZipRecruiter is seeing salaries as high as $50,505 and as low as $14,160, the majority of Master Teacher salaries currently range between $19,352 (25th percentile) to $25,488 (75th percentile) with top earners (90th percentile) making $37,760 annually in South Carolina.
What is South Carolina minimum wage?
$7.25
State Minimum Wage Rates
| State | 2020 Minimum Wage | 2022 Minimum Wage |
|---|---|---|
| South Carolina | $7.25 (Federal, no state minimum) | $7.25 |
| South Dakota | $9.30 | $9.95 |
| Tennessee | $7.25 (Federal, no state minimum) | $7.25 |
| Texas | $7.25 | $7.25 |
What is the highest paying job without college?
Here are the highest paying jobs without a college degree:
- Patrol Officer.
- Executive Assistant.
- Sales Representative.
- Flight Attendant.
- Electrician.
- Plumber.
- Wind Turbine Technician.
What is the cheapest state to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
What is a good salary in Charleston SC?
A good salary in Charleston, SC is anything over $52,000. That’s because the median income in Charleston is $52,000, which means if you earn more than that you’re earning more than 50% of the people living in Charleston. The average salary in Charleston is $62,204. A good hourly wage in Charleston is $25.0 per hour.
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.
What is a good net worth by age?
The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.
| Age of head of family | Median net worth | Average net worth |
|---|---|---|
| 35-44 | $91,300 | $436,200 |
| 45-54 | $168,600 | $833,200 |
| 55-64 | $212,500 | $1,175,900 |
| 65-74 | $266,400 | $1,217,700 |
How many Americans make over $100000 per year?
About 30.7% of households earned over $100,000 in 2020. In 2019, around 15.5% of Americans earned between $100,000 and $149,999; about 8.3% of the population earned between $150,000 and $199,999; and about 10.3% of the population earned over $200,000.
