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
100
1.3%
Unemployment is 1.3% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+16.7% 5-year
100
776
Population moved +16.7% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
74
18.4%
Median rent consumes 18.4% 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
18.4%
of median income
1BR estimate$1,092
2BR estimate$1,439
Median income$86,875
Median home value$271,800
ACS context
Quick Facts
Population
776
Median age
37.8
Bachelor's degree+
20.8%
Poverty rate
10.7%
Labor force participation
61.9%
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
+3.1%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
2020665
2021681
2022866
2023888
2024776
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
2024776
2025904 *
2026947 *
R² = 43.8% · * 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$86,875/yr
Median rent$1,332/mo
Rent share of income18.4%
Est. mortgage (30yr, 6.5%)$16,492/yr
Mortgage share of income19.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.3%
State avg4.9%
U.S. avg5.2%
Labor force participation61.9%
Poverty rate10.7%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$271,800
Median monthly rent$1,332
Price-to-rent ratio17.0x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateStrong
Composite score92/100
Economic growth83/100
Labor market100/100
Population momentum100/100
Overall stability89/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.