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EconPulse

Local economy signal dashboard

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PLACEThriving

Beaufort, SC

Thriving overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

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Overall score75out of 100
Compare
83
72
65
67
100

Population

13,747

Data freshness

Unknown

GDP / Output

+6.2% YoY

83

$12.9B

Output changed +6.2% in 2024.

Vintage date unknown

State growth7.2%
U.S. growth5.3%

Jobs

Unemployment rate

72

3.6%

Unemployment is 3.6% for Latest available.

Vintage date unknown

State avg4.9%
U.S. avg5.2%

Population

+2.5% 5-year

65

13,747

Population moved +2.5% over the latest ACS window.

Vintage date unknown

State population5,296,225
U.S. population334,922,499

Housing

Rent share of income

67

23.8%

Median rent consumes 23.8% 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

$10.7K per resident

100

$2.0B

$2.0B 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

$2.0B

$10.7K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.6B
2. Department of Veterans Affairs$221.5M
3. Department of Defense$110.5M

Top recipients

Dollars
1. ALPHA GENESIS INC$12.4M
2. T&H SERVICES, LLC$12.1M
3. COMMIT ENTERPRISES INC$10.9M

Affordable

Housing Affordability

23.8%

of median income

1BR estimate$994
2BR estimate$1,309
Median income$61,220
Median home value$345,400

ACS context

Quick Facts

Population

13,747

Median age

32.2

Bachelor's degree+

39.6%

Poverty rate

12.5%

Labor force participation

70.5%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.5%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-30

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

+0.5%

GDP CAGR

+6.6%

Federal flow

5 years

Population (5 years)
202013,417
202112,899
202213,582
202313,660
202413,747
GDP (5 years)
2020$9.3B
2021$10.1B
2022$11.3B
2023$12.1B
2024$12.9B

2-year linear forecast

Predictive Outlook

Population forecast

202413,747
202513,887 *
202614,029 *

R² = 44.5% · * projected

GDP forecast

2024$12.9B
2025$13.9B *
2026$14.8B *

R² = 99.1% · * 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$61,220/yr
Median rent$1,212/mo
Rent share of income23.8%
Est. mortgage (30yr, 6.5%)$20,958/yr
Mortgage share of income34.2%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate3.6%
State avg4.9%
U.S. avg5.2%
Labor force participation70.5%
Poverty rate12.5%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$345,400
Median monthly rent$1,212
Price-to-rent ratio23.7x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score75/100
Economic growth83/100
Labor market72/100
Population momentum65/100
Overall stability75/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Beaufort city, South Carolina

City/Town

Part of

Hilton Head Island-Bluffton-Port Royal, SC

Nearby locations

Burton, SCLaurel Bay, SCSeabrook, SCShell Point, SCLobeco, SC