Smoaks is a small rural South Carolina town located in Colleton County. It has a population of under 1,500 people and is known for its friendly atmosphere and close-knit community. Smoaks offers many amenities to residents including two bedroom rentals at an affordable cost of only $760 per month. Grocery costs are also significantly lower than the national average, with the grocery cost index being 92 versus 100 in the US.
The town of Smoaks offers plenty of opportunities for both work and leisure. The local companies include Smoaks Water Company, Swink Farms, and Wadesboro Oil & Gas. There are also numerous restaurants and shops located downtown such as Copperhead Saloon & Grill, Flora's Cafe, and Simons Grocery Store. Residents can also enjoy outdoor activities such as fishing on Lake Marion or hiking in Santee State Park. With its low cost of living and diverse attractions, Smoaks is a great place to live.
Smoaks has an unemployment rate of 5.3%. The US average is 6.0%.
Smoaks has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.0%, which is lower than the US average of 33.5%.
Tax Rates for Smoaks
- The Sales Tax Rate for Smoaks is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Smoaks 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 Smoaks
- The average income of a Smoaks resident is $25,434 a year. The US average is $28,555 a year.
- The Median household income of a Smoaks resident is $55,000 a year. The US average is $69,021 a year.