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
71
3.7%
Unemployment is 3.7% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+0.0% 5-year
50
2,419
Population moved +0.0% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
64
25.6%
Median rent consumes 25.6% 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
25.6%
of median income
1BR estimate$740
2BR estimate$974
Median income$42,359
Median home value$89,600
ACS context
Quick Facts
Population
2,419
Median age
41.3
Bachelor's degree+
17.5%
Poverty rate
15.0%
Labor force participation
55.3%
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
+0.0%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
20202,418
20212,154
20221,970
20232,164
20242,419
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
20242,419
20252,229 *
20262,230 *
R² = 0.0% · * 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$42,359/yr
Median rent$902/mo
Rent share of income25.6%
Est. mortgage (30yr, 6.5%)$5,437/yr
Mortgage share of income12.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate3.7%
State avg4.9%
U.S. avg5.2%
Labor force participation55.3%
Poverty rate15.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$89,600
Median monthly rent$902
Price-to-rent ratio8.3x
Low price-to-rent ratio — buying may be more favorable than renting in this market.
composite score
Investment Climate
Investment climateStrong
Composite score70/100
Economic growth83/100
Labor market71/100
Population momentum50/100
Overall stability70/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.