Central Pacolet, SC is a small town located in Spartanburg county. The town has an affordable cost of living with a two bedroom rent of only $780 and a grocery cost index of 92 compared to the US average of 100. There are many local companies in Central Pacolet such as Burts Electric Company, Shipps Pharmacy, and Bob’s Hardware. Transportation is provided by bus routes or private vehicles can be used to access the neighboring cities.
Central Pacolet has an unemployment rate of 4.7%. The US average is 6.0%.
Central Pacolet has seen the job market decrease by -1.7% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.
Tax Rates for Central Pacolet
- The Sales Tax Rate for Central Pacolet is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Central Pacolet is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Central Pacolet
- The average income of a Central Pacolet resident is $19,119 a year. The US average is $37,638 a year.
- The Median household income of a Central Pacolet resident is $38,000 a year. The US average is $69,021 a year.