Socastee, SC is a small town located in South Carolina. It has a population of around 12,000 people and offers a friendly community atmosphere. Two-bedroom rent in Socastee is slightly lower than the national average, with an estimated rate of $1,190 compared to $1,430 across the US. Furthermore, the Grocery Cost Index for Socastee is 98 versus 100 in the US. In terms of local companies, Socastee has a few options including Impressions Salon & Spa, All State Pest Control and Coastline Realty Inc. There are also several grocery stores in the area including Food Lion and Piggly Wiggly Supermarket which offer competitive prices when compared to other areas within the US.
Socastee has an unemployment rate of 6.3%. The US average is 6.0%.
Socastee has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Socastee
- The Sales Tax Rate for Socastee is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Socastee 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 Socastee
- The average income of a Socastee resident is $17,896 a year. The US average is $28,555 a year.
- The Median household income of a Socastee resident is $49,179 a year. The US average is $69,021 a year.