Lincolnville, SC Economy


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Lincolnville, SC is a small town situated near Myrtle Beach. The cost of living in Lincolnville is just slightly above the national average with the typical two-bedroom rent being 1,610 USD per month compared to the US average of 1,430 USD. Grocery costs are at 101 versus the US index of 100. Despite a high cost of living, Lincolnville remains an attractive place for those looking for an affordable lifestyle. Local businesses like Phil's Country Store and Sandlapper Shrimp offer residents a variety of shopping and dining options. The community also boasts parks, recreation centers, golf courses, and more. All this makes Lincolnville an attractive option for people looking for an affordable yet quality life in South Carolina.

Lincolnville has an unemployment rate of 4.4%. The US average is 6.0%.

Lincolnville has seen the job market decrease by -3.7% over the last year. Future job growth over the next ten years is predicted to be 36.9%, which is higher than the US average of 33.5%.

Tax Rates for Lincolnville
- The Sales Tax Rate for Lincolnville is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Lincolnville 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 Lincolnville
- The average income of a Lincolnville resident is $20,442 a year. The US average is $37,638 a year.
- The Median household income of a Lincolnville resident is $23,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLincolnville, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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