Pacolet, SC is a small rural town situated in the foothills of the Appalachian Mountains. It is known as a peaceful and picturesque location with numerous outdoor activities like fishing, camping, and hiking. The cost of living in Pacolet is lower than most US cities. The average two bedroom rent rate is $780 per month compared to $1,430 for the United States. Grocery costs are also significantly lower in Pacolet with an index score of 92 versus 100 for the US. The local businesses in Pacolet include Apple Valley Farm Market, Pacolet Milliken Enterprises, C&M Fabrication and Supply Company, and Riley Building Supplies. These companies specialize in produce sales, textiles manufacturing, fabrication services, and building supplies respectively.
Pacolet has an unemployment rate of 4.7%. The US average is 6.0%.
Pacolet has seen the job market increase by 0.9% 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 Pacolet
- The Sales Tax Rate for Pacolet is 6.0%. The US average is 7.3%.
- The Income Tax Rate for 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 Pacolet
- The average income of a Pacolet resident is $16,306 a year. The US average is $28,555 a year.
- The Median household income of a Pacolet resident is $42,040 a year. The US average is $69,021 a year.