Parksville, SC is a small city located in the state of South Carolina. It has an estimated population of 7,000 people and is known for its friendly atmosphere and low cost of living. The average two bedroom rental rate here is $780 compared to the US average of $1430, making it an attractive option for those looking for a comfortable yet affordable place to live. Additionally, Parksville’s grocery cost index is 95 compared to the US average of 100, further allowing residents to save money on their necessities.
Parksville's economy is based primarily on tourism but there are also several locally-owned companies that contribute to the city’s economy such as Lanchester Machine Works which manufactures high-quality tools and equipment; Harry’s Automotive Repair which provides automotive repair services; and Grandma’s Restaurant which serves a variety of homemade southern dishes. All these companies provide local employment opportunities as well as goods and services to the community.
Parksville has an unemployment rate of 6.2%. The US average is 6.0%.
Parksville 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 Parksville
- The Sales Tax Rate for Parksville is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Parksville 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 Parksville
- The average income of a Parksville resident is $24,325 a year. The US average is $37,638 a year.
- The Median household income of a Parksville resident is $46,094 a year. The US average is $69,021 a year.