Pacolet, South Carolina is a small town located in Spartanburg County. It is home to approximately 3,000 people and offers residents an affordable cost of living. The average two-bedroom rent in Pacolet is $790 compared to the national average of $1,430, making it an ideal area for those looking for an inexpensive place to live. Grocery costs are also much lower than the US index at 88 versus 100 in the US.
There are several local companies around Pacolet that offer residents services such as construction, lawn care, and automotive repair. SR Construction is a popular family run business providing quality building services from decks to remodeling projects while Top Notch Lawn Care provides customers with dependable lawn maintenance services. S & H Automotive Repair specializes in general auto repairs such as engine work and oil changes. All three businesses provide high quality services at competitive prices which further contribute to the overall low cost of living in Pacolet.
Pacolet (zip 29373) has an unemployment rate of 4.7%. The US average is 6.0%.
Pacolet (zip 29373) 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 (zip 29373)
- The Sales Tax Rate for Pacolet (zip 29373) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Pacolet (zip 29373) 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 (zip 29373)
- The average income of a Pacolet (zip 29373) resident is $10,996 a year. The US average is $28,555 a year.
- The Median household income of a Pacolet (zip 29373) resident is $41,522 a year. The US average is $69,021 a year.