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EconPulse

Local economy signal dashboard

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PLACEStable

Greenwood, SC

Stable 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 score62out of 100
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77
53
29
66
96

Population

22,536

Data freshness

Unknown

GDP / Output

+5.5% YoY

77

$4.9B

Output changed +5.5% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

53

4.9%

Unemployment is 4.9% for June 2026.

Vintage date unknown

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

Population

-3.5% 5-year

29

22,536

Population moved -3.5% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

66

24.5%

Median rent consumes 24.5% 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

$7.6K per resident

96

$528.7M

$528.7M 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

$528.7M

$7.6K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$425.6M
2. Department of Veterans Affairs$54.4M
3. Department of Education$28.0M

Top recipients

Dollars
1. PIEDMONT TECHNICAL COLLEGE INC$16.2M
2. LANDER UNIVERSITY$11.9M
3. HOUSING AUTHORITY-THE CITY$7.3M

Affordable

Housing Affordability

24.5%

of median income

1BR estimate$688
2BR estimate$906
Median income$41,150
Median home value$136,300

ACS context

Quick Facts

Population

22,536

Median age

34.3

Bachelor's degree+

17.6%

Poverty rate

21.6%

Labor force participation

54.2%

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

June 2026

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

-0.7%

GDP CAGR

+9.4%

Federal flow

5 years

Population (5 years)
202023,351
202122,363
202222,528
202322,527
202422,536
GDP (5 years)
2020$3.1B
2021$3.8B
2022$4.4B
2023$4.6B
2024$4.9B

2-year linear forecast

Predictive Outlook

Population forecast

202422,536
202522,221 *
202622,075 *

R² = 34.9% · * projected

GDP forecast

2024$4.9B
2025$5.5B *
2026$5.9B *

R² = 95.0% · * 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$41,150/yr
Median rent$839/mo
Rent share of income24.5%
Est. mortgage (30yr, 6.5%)$8,270/yr
Mortgage share of income20.1%

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

employment snapshot

Job Market

Unemployment rate4.9%
State avg4.9%
U.S. avg5.2%
Labor force participation54.2%
Poverty rate21.6%

Data from BLS LAUS / CPS. June 2026.

valuation snapshot

Real Estate

Median home value$136,300
Median monthly rent$839
Price-to-rent ratio13.5x

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

composite score

Investment Climate

Investment climateModerate
Composite score58/100
Economic growth77/100
Labor market53/100
Population momentum29/100
Overall stability62/100

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

Location Context

Greenwood city, South Carolina

City/Town

Part of

Greenwood, SC

Nearby locations

Coronaca, SCPromised Land, SCCokesbury, SCNinety Six, SCHodges, SC