HomeSouth CarolinaSpartanburg CountyPacolet town
Pacolet town, South Carolina: commercial real estate data.
Pacolet town is a Census town of 2,419 people across 5.78 square miles of land, in Spartanburg County. Median household income is $42,359, 71.6 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $1.1 m.
66 sourced place values · tier FULL · 7 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Pacolet
What Pacolet is
- Census place typetown
- Land area5.78 sq mi
- Water area0.07 sq mi
- Population per square mile of land419
- County holding the largest share of its areaSpartanburg County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacolet
How many people live in Pacolet
- Population2,419
- Median age41.3
- Population under 18576 plus or minus 146
- Share under 1823.8 percent plus or minus 6.0
- Population 65 and over543 plus or minus 156
- Share 65 and over22.4 percent plus or minus 6.5
- Households1,052
- Family households567
- Share of households that are families53.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacolet
Income and work in Pacolet
- Median household income$42,359 plus or minus $11,054
- Per capita income$25,090
- Civilian labor force1,075
- Employed1,035
- Unemployed40 plus or minus 36
- Unemployment rate3.7 percent plus or minus 3.3
- Adults 25 and over1,692
- Adults 25 and over with a high school diploma or higher85.2 percent
- Adults 25 and over with a bachelor degree or higher17.5 percent plus or minus 7.6
- Adults 25 and over with a graduate degree4.6 percent plus or minus 3.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacolet
Housing in Pacolet
- Housing units1,281
- Occupied units1,052
- Vacant units229 plus or minus 79
- Vacancy rate17.9 percent plus or minus 5.7
- Owner occupied753 plus or minus 172
- Renter occupied299 plus or minus 92
- Ownership rate71.6 percent
- Median owner-occupied home value$89,600 plus or minus $27,490
- Median gross rent, monthly$902 plus or minus $219
- Annual rent as a share of median income25.6 percent plus or minus 9.1
- Single family units968
- Share single family75.6 percent
- Units in buildings of two or more161 plus or minus 70
- Share in buildings of two or more12.6 percent plus or minus 5.2
- Mobile homes152 plus or minus 70
- Median year structure built1963
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacolet
How Pacolet gets to work
- Workers 16 and over who commute934
- Commuting under 15 minutes182 plus or minus 99
- Share commuting under 15 minutes19.5 percent plus or minus 9.9
- Commuting 30 minutes or more413 plus or minus 208
- Share commuting 30 minutes or more44.2 percent plus or minus 20.7
- Drove alone71.7 percent
- Carpooled22.4 percent plus or minus 18.8
- Public transport0.0 percent
- Walked0.5 percent plus or minus 0.8
- Worked from home5.5 percent plus or minus 3.4
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Pacolet
SBA loans in Pacolet (7(a))
- Approvals1
- Gross approval$1,098,000
- Average approval$1,098,000
- Median approval$1,098,000
- Ninetieth percentile approval$1,098,000
- Largest approval$1,098,000
- Jobs supported19
- Jobs per approval19.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term299 months
- Share on real estate terms of 20 years or more100.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spartanburg County, not Pacolet
Spartanburg County context, not Pacolet figures
These are Spartanburg County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Pacolet measurements.
- Establishments in Spartanburg County7,399
- Employment at those establishments, Spartanburg County150,332
- Covered employment, Spartanburg County155,484
- Average annual pay, Spartanburg County$59,564
- Average weekly wage, Spartanburg County$1,145
- Housing units permitted, Spartanburg County3,129
- Of those, single family, Spartanburg County3,089
- County product, 2024, Spartanburg County$22,979,816,000
- County product change over the prior year, Spartanburg County6.3 percent
- Average income of an arriving household, Spartanburg County$59,513
Every figure in this section is published for Spartanburg County as a whole and is not a measurement of Pacolet. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Pacolet questions, answered from the record.
How many people live in Pacolet, South Carolina?
2,419, in 1,052 households. Pacolet town covers 5.78 square miles of land, which is 419 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Pacolet in?
Spartanburg County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Pacolet?
$42,359. The median owner-occupied home is valued at $89,600. Median gross rent is $902 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Pacolet businesses?
1 7(a) approvals totalling $1.1 m, across 1 lenders, median approval $1,098,000. These count approvals to borrowers whose address is in Pacolet, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Pacolet borrowers get paid back?
No rate is published for Pacolet. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Pacolet figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Spartanburg County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Pacolet.
Is zoning published for Pacolet?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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