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EconPulse

Local economy signal dashboard

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PLACEStable

Pelzer, SC

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

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Overall score65out of 100
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80
36
75
70
95

Population

1,722

Data freshness

Unknown

GDP / Output

+5.9% YoY

80

$10.6B

Output changed +5.9% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

36

5.7%

Unemployment is 5.7% for Latest available.

Vintage date unknown

State avg4.8%
U.S. avg4.3%

Population

+4.2% 5-year

75

1,722

Population moved +4.2% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

70

21.2%

Median rent consumes 21.2% 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

$7.5K per resident

95

$1.5B

$1.5B 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

$1.5B

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.2B
2. Department of Veterans Affairs$162.2M
3. Department of Energy$43.9M

Top recipients

Dollars
1. ROBERT BOSCH LLC$40.0M
2. SOUTH CAROLINA DEPARTMENT OF MENTAL HEALTH$20.0M
3. TRI-COUNTY TECHNICAL COLLEGE$14.9M

Affordable

Housing Affordability

21.2%

of median income

1BR estimate$844
2BR estimate$1,111
Median income$58,134
Median home value$178,100

ACS context

Quick Facts

Population

1,722

Median age

37.1

Bachelor's degree+

24.1%

Poverty rate

26.9%

Labor force participation

47.9%

Prime rate

6.8%

CPI YoY

+3.9%

U.S. GDP YoY

+5.9%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

Latest available

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

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

+0.8%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
20201,653
20211,335
20221,480
20231,570
20241,722
GDP (5 years)
2020$7.6B
2021$8.3B
2022$9.1B
2023$10.0B
2024$10.6B

2-year linear forecast

Predictive Outlook

Population forecast

20241,722
20251,664 *
20261,701 *

R² = 15.2% · * projected

GDP forecast

2024$10.6B
2025$11.4B *
2026$12.1B *

R² = 99.6% · * 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$58,134/yr
Median rent$1,029/mo
Rent share of income21.2%
Est. mortgage (30yr, 6.5%)$10,807/yr
Mortgage share of income18.6%

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

employment snapshot

Job Market

Unemployment rate5.7%
State avg4.8%
U.S. avg4.3%
Labor force participation47.9%
Poverty rate26.9%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$178,100
Median monthly rent$1,029
Price-to-rent ratio14.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score64/100
Economic growth80/100
Labor market36/100
Population momentum75/100
Overall stability65/100

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

Location Context

Pelzer town, South Carolina

City/Town

Part of

Greenville-Anderson-Greer, SC

Nearby locations

West Pelzer, SCWilliamston, SCPiedmont, SCWare Place, SCGolden Grove, SC