What Is The Average Net Worth In South Carolina?

West Virginia ($376,690), Mississippi ($407,691), Arkansas ($439,790) and Oklahoma ($448,494) round out the bottom five states in average net worth.

Net Worth Breakdown by State.

What is considered high income in South Carolina?

Average Household Income: $76,390. Per Capita Income: $30,727. 5.1% of Households in South Carolina are High Income Households that make over $200,000 a year.

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.

What is the average individual income in South Carolina?

Table

Is South Carolina a wealthy state?

South Carolina is the thirty-seventh-richest state in the United States of America, with a per capita income of $18,795 (2000).

What’s a good salary in South Carolina?

$3,824 is the 25th percentile. Salaries below this are outliers. $7,726 is the 90th percentile.
What are Top 10 Highest Paying Cities for Average Jobs in South Carolina.

How much money do you need to live comfortably 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 net worth is considered rich?

In the U.S. overall, it takes a net worth of $2.2 million to be considered “wealthy” by other Americans — up from $1.9 million last year, according to financial services company Charles Schwab’s annual Modern Wealth Survey.

What is upper class net worth?

Households with a net worth of $1 million or more may be classified as members of the upper class, depending on the definition of class used.

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 whitest county in SC?

South Carolina White Population Percentage by County

What is poverty level in SC?

Annual 2022 Poverty Guidelines for the 48 Continental United States

What is considered upper middle 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 the richest town in South Carolina?

Kiawah Island
Richest town in South Carolina — Kiawah Island, $193,750.

Where is the richest part of South Carolina?

List: 10 Richest Places in South Carolina

1. Bluffton. Shutterstock. Population: 20,799.
2. Mt. Pleasant. Shutterstock.
3. James Island. Shutterstock. Population: 12,076.
4. Fort Mill. Shutterstock. Population: 17,692.
5. Simpsonville. Shutterstock. Population: 22,234.
6. Lexington. Shutterstock.
7. Tega Cay. Shutterstock.
8. Hilton Head Island. Shutterstock.

What’s the poorest city 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.

Is SC expensive to live?

Our cost of living indices are based on a US average of 100. An amount below 100 means South Carolina is cheaper than the US average.
South Carolina cost of living is 88.5.

How much money do you need to retire in South Carolina?

To retire comfortably in the state of South Carolina starting today, you will need to have saved at least $85,000.

Is it cheaper to live in NC or SC?

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.

Where is the safest place to live in South Carolina?

Edgefield, our number 1 this year, is new to the list—it reported the lowest violent and property crime rates in the state with a total of just 32 property crimes and only 2 violent crimes (neither of which was rape or murder). Surfside Beach (16) is also new to the list.

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.