South Carolina · South · 17k residents
Berea, SC: economy, jobs & business costs
The site-selection read on Berea: labor costs, talent, corporate tax, energy, and business activity, with the South Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,226/wk. South Carolina's corporate income tax rate is 5%. Commercial electricity averages 10.6¢/kWh.
Compare Berea side by side
Avg. weekly wage
$1,226/wk
Corporate income tax
5%
Bachelor's degree or higher
21.3%
Commercial electricity
10.6¢/kWh
Economic momentum
We don't yet track economic momentum for Berea. It will rank business formation, jobs, and building-permit growth against the US cities we track.
| ACS median home value | $204,700 |
| Price per sq. ft. | $175 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $1,076/mo |
| 2-bedroom rent | $1,056/mo |
| State & local income tax | 3.39% |
| Sales tax | 7.5% |
| Corporate income tax | 5% |
| Avg. weekly wage | $1,226/wk |
| Bachelor's degree or higher | 21.3% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | — |
| Wage: Software developer | $129,450 |
| Wage: Registered nurse | $82,360 |
| Wage: General manager | $106,080 |
| Wage: Customer service | $38,860 |
| Wage: Warehouse worker | $36,020 |
| Wage: Heavy truck driver | $51,130 |
| Wage: Electrician | $58,740 |
| Wage: Retail salesperson | $30,690 |
| Cost of living index | 82 |
| Groceries index | 98 |
| Utilities | $175/mo |
| Transit pass | $45/mo |
| Gas price | $2.95/gal |
| Healthcare index | 95 |
| Childcare (per child) | $850/mo |
| Median household income | $49,829 |
| Unemployment rate | 3.5% |
| Population | 17k |
| Crime index | 65/100 |
| School rating | 5.0/10 |
| Walkability | 30/100 |
| Disaster risk | — |
| Avg. commute | 25 min |
| Sunny days / year | 220 days |
| July high | 87°F |
| January low | 30°F |
| Annual snowfall | — |
| Home price YoY | — |
| Home price MoM | — |
| Rent YoY | — |
| Rent MoM | — |
| Employment (jobs) YoY | — |
| Building permits YoY | — |
| Ocean coast | 209 mi |
| Big lake | 41 mi |
| Mountains | 62 mi |
| Major airport | 14 mi |
| Ski resort | 64 mi |
Popular comparisons
Nearby
- Easley, SC · 25k
- Gantt, SC · 15k
- Wade Hampton, SC · 21k
- Taylors, SC · 25k
- Greer, SC · 42k
Similar size
- Ladson, SC · 16k
- Lake Wylie, SC · 16k
- Seven Oaks, SC · 16k
- Red Hill, SC · 16k
- West Columbia, SC · 18k
Real listings in Berea
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Berea a good place to run a business?
- South Carolina's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $1,226/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Berea, SC?
- Berea indexes at 82 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,056/mo and a acs median home value of $204,700.
- How much does a house cost in Berea?
- The acs median home value in Berea is $204,700 (Census ACS estimate; individual listings vary).
- How much is rent in Berea?
- A two-bedroom in Berea rents for about $1,056/mo.