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
74
3.5%
Unemployment is 3.5% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+30.0% 5-year
100
12,936
Population moved +30.0% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
70
21.1%
Median rent consumes 21.1% 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$224.3M
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
21.1%
of median income
1BR estimate$1,038
2BR estimate$1,367
Median income$72,068
Median home value$244,400
ACS context
Quick Facts
Population
12,936
Median age
33.3
Bachelor's degree+
26.5%
Poverty rate
9.9%
Labor force participation
71.3%
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
+5.4%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
20209,953
202110,591
202211,191
202312,609
202412,936
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
202412,936
202513,851 *
202614,650 *
R² = 96.6% · * 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$72,068/yr
Median rent$1,266/mo
Rent share of income21.1%
Est. mortgage (30yr, 6.5%)$14,830/yr
Mortgage share of income20.6%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.5%
State avg4.9%
U.S. avg5.2%
Labor force participation71.3%
Poverty rate9.9%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$244,400
Median monthly rent$1,266
Price-to-rent ratio16.1x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score83/100
Economic growth83/100
Labor market74/100
Population momentum100/100
Overall stability80/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.