McColl, SC Economy


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McColl, SC is a small town located near the South Carolina and North Carolina border. The cost of living in McColl is notably lower than the US average, with 2 bedroom rentals costing $710 compared to the US average of $1,430. Additionally, the Grocery Cost Index in McColl is 91 compared to 100 in the US. This makes it a great option for families or young professionals looking for affordable housing.
McColl has several local businesses that offer job opportunities such as Southeastern Hospital, Ervin Construction Company, and Sparta Management Group. These companies provide employment opportunities in healthcare, construction and management fields. There are also smaller businesses in the area offering jobs such as retail stores, restaurants and service providers. The city also has several educational institutions which offer additional job prospects in teaching or administrative roles. All of these opportunities make McColl an attractive place for people looking to launch their career or start a family while benefiting from the lower overall cost of living.

McColl has an unemployment rate of 8.6%. The US average is 6.0%.

McColl 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 24.5%, which is lower than the US average of 33.5%.

Tax Rates for McColl
- The Sales Tax Rate for McColl is 8.0%. The US average is 7.3%.
- The Income Tax Rate for McColl 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 McColl
- The average income of a McColl resident is $13,304 a year. The US average is $28,555 a year.
- The Median household income of a McColl resident is $26,486 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMcColl, South CarolinaUnited States
  8.66
  -3.3%-6.2%
  24.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $13,969$37,638
  $26,486$69,021
  $38,935$85,028
  Population by Occupation
  3.1%1.2%
  0.0%0.5%
  9.2%6.8%
  26.9%10.0%
  0.0%2.5%
  16.7%11.0%
  2.5%4.8%
  1.0%0.8%
  0.0%1.9%
  5.8%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  6.3%4.2%
  8.8%9.3%
  9.4%14.0%
  2.7%2.1%
  6.5%7.0%
  0.4%4.8%
  0.8%4.7%
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