GDP / Output
+6.3% YoY
83
$23.0B
Output changed +6.3% in 2024.
Vintage date unknown
State growth7.2%
U.S. growth5.3%
Jobs
Unemployment rate
65
3.8%
Unemployment is 3.8% for April 2026.
Vintage date unknown
State avg4.8%
U.S. avg4.3%
Population
+13.0% 5-year
100
2,816
Population moved +13.0% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
69
22.0%
Median rent consumes 22.0% of median household income: Affordable.
Vintage date unknown
State rent$1.2K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$6.9K per resident
90
$2.3B
$2.3B in federal obligations flowed here in FY2025.
Vintage date unknown
State total$137.1B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$2.3B
$6.9K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$1.8B
2. Department of Veterans Affairs$223.8M
3. Department of Education$49.6M
Top recipients
Dollars1. SPARTANBURG HOUSING$24.1M
2. SPARTANBURG COMMUNITY COLLEGE$18.3M
3. UNIVERSITY OF SOUTH CAROLINA$17.0M
Affordable
Housing Affordability
22.0%
of median income
1BR estimate$804
2BR estimate$1,059
Median income$53,519
Median home value$164,100
ACS context
Quick Facts
Population
2,816
Median age
26.8
Bachelor's degree+
9.2%
Poverty rate
23.6%
Labor force participation
71.7%
Prime rate
6.8%
CPI YoY
+3.9%
U.S. GDP YoY
+5.9%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
April 2026
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-06-10
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+2.5%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
20202,493
20212,480
20222,589
20232,910
20242,816
GDP (5 years)
2020$16.7B
2021$18.1B
2022$19.9B
2023$21.6B
2024$23.0B
2-year linear forecast
Predictive Outlook
Population forecast
20242,816
20252,980 *
20263,088 *
R² = 76.1% · * projected
GDP forecast
2024$23.0B
2025$24.7B *
2026$26.3B *
R² = 99.8% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$53,519/yr
Median rent$981/mo
Rent share of income22.0%
Est. mortgage (30yr, 6.5%)$9,957/yr
Mortgage share of income18.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.8%
State avg4.8%
U.S. avg4.3%
Labor force participation71.7%
Poverty rate23.6%
Data from BLS LAUS / CPS. April 2026.
valuation snapshot
Real Estate
Median home value$164,100
Median monthly rent$981
Price-to-rent ratio13.9x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score80/100
Economic growth83/100
Labor market65/100
Population momentum100/100
Overall stability77/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.