Clarks Hill, SC Economy


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United States / South Carolina / No Metro Area / McCormick County / Clarks Hill / Zip Codes
Clarks Hill, SC is a great place to live for those looking for a small town feel. With 2 bedroom rent costing only $810 per month, residents of Clarks Hill can benefit greatly from the low cost of living. The grocery cost index in the area is also lower than the national average, allowing residents to save more on their food costs. Furthermore, Clarks Hill has a variety of local businesses and employment opportunities available to its residents. Some of these include the numerous farms and agricultural companies that operate in the area as well as coffee shops, restaurants, bakeries and retail stores scattered throughout town.

Clarks Hill has an unemployment rate of 6.2%. The US average is 6.0%.

Clarks Hill has seen the job market decrease by -4.2% over the last year. Future job growth over the next ten years is predicted to be 28.1%, which is lower than the US average of 33.5%.

Tax Rates for Clarks Hill
- The Sales Tax Rate for Clarks Hill is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Clarks Hill 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 Clarks Hill
- The average income of a Clarks Hill resident is $23,421 a year. The US average is $37,638 a year.
- The Median household income of a Clarks Hill resident is $0 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyClarks Hill, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
Household Income 69021
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