Economy in Socastee, South Carolina
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Economy
| Unemployment Rate | 11.10% | 9.10% |
| Recent Job Growth | 1.97% | -0.12% |
| Future Job Growth | 32.84% | 31.25% |
| Sales Taxes | 7.00% | 6.80% |
| Income Taxes | 7.00% | 6.25% |
| Income per Cap. | $23,526 | $27,067 |
| Household Income | $49,485 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 10.32% | 12.10% |
| Income between 15K and 25K | 10.60% | 10.18% |
| Income between 25K and 35K | 12.17% | 10.56% |
| Income between 35K and 50K | 17.47% | 14.98% |
| Income between 50K and 75K | 23.79% | 19.53% |
| Income between 75K and 100K | 13.25% | 12.52% |
| Income between 100K and 150K | 10.01% | 12.14% |
| Income between 150K and 250K | 1.57% | 3.91% |
| Income between 250K and 500K | 0.72% | 3.34% |
| Income greater than 500K | 0.10% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 14.82% | 13.81% |
| Professional and Related Occupations | 14.92% | 22.68% |
| Service | 21.96% | 14.51% |
| Sales and Office | 30.64% | 25.22% |
| Farming, Fishing, and Forestry | 0.06% | 0.68% |
| Construction, Extraction, and Maintenance | 14.70% | 9.37% |
| Production, Transportation, and Material Moving | 13.26% | 15.86% |
The unemployment rate in Socastee, SC, is 11.10%, with job growth of 1.97%. Future job growth over the next ten years is predicted to be 32.84%.
Socastee, SC Taxes
Socastee, SC,sales tax rate is 7.00%. Income tax is 7.00%.
Socastee, SC Income and Salaries
The income per capita is $23,526, which includes all adults and children. The median household income is $49,485.
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