South Carolina · South · 21k residents
Hanahan, SC: economy, jobs & business costs
The site-selection read on Hanahan: 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 Hanahan side by side
Avg. weekly wage
$1,226/wk
Corporate income tax
5%
Bachelor's degree or higher
38.2%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Hanahan's economy is moving, ranked against the US cities we track.
12/100
Cooling
Ranks Hanahan's residential building-permit growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $374,800 |
| Price per sq. ft. | $175 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $1,181/mo |
| 2-bedroom rent | $1,341/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 | 38.2% |
| 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 | 95 |
| 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 | $87,984 |
| Unemployment rate | 3.5% |
| Population | 21k |
| 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 | 91°F |
| January low | 39°F |
| Annual snowfall | 0 in |
| Home price YoY | -0.3% |
| Home price MoM | -0.1% |
| Rent YoY | +11.0% |
| Rent MoM | +1.9% |
| Employment (jobs) YoY | — |
| Building permits YoY | -57.7% |
| Ocean coast | 14 mi |
| Big lake | 108 mi |
| Mountains | 234 mi |
| Major airport | 3 mi |
| Ski resort | 245 mi |
Popular comparisons
Nearby
- Goose Creek, SC · 48k
- North Charleston, SC · 120k
- Ladson, SC · 16k
- Charleston, SC · 154k
- Mount Pleasant, SC · 94k
Similar size
- Wade Hampton, SC · 21k
- Greenwood, SC · 23k
- St. Andrews, SC · 20k
- North Myrtle Beach, SC · 20k
- Socastee, SC · 24k
Real listings in Hanahan
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Hanahan 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 Hanahan, SC?
- Hanahan indexes at 95 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,341/mo and a acs median home value of $374,800.
- How much does a house cost in Hanahan?
- The acs median home value in Hanahan is $374,800 (Census ACS estimate; individual listings vary).
- How much is rent in Hanahan?
- A two-bedroom in Hanahan rents for about $1,341/mo.