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EconPulse

Local economy signal dashboard

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PLACEStable

South Sumter, 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 score44out of 100
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88
0
0
67
100

Population

1,626

Data freshness

Unknown

GDP / Output

+7.0% YoY

88

$6.3B

Output changed +7.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

0

11.4%

Unemployment is 11.4% for Latest available.

Vintage date unknown

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

Population

-27.7% 5-year

0

1,626

Population moved -27.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

67

23.7%

Median rent consumes 23.7% 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

$12.0K per resident

100

$1.3B

$1.3B 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

$1.3B

$12.0K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$557.0M
2. Department of Defense$338.8M
3. Department of Veterans Affairs$231.5M

Top recipients

Dollars
1. AMENTUM SERVICES, INC.$81.2M
2. PILGRIM'S PRIDE CORPORATION$44.8M
3. MICROTECHNOLOGIES LLC$38.3M

Affordable

Housing Affordability

23.7%

of median income

1BR estimate$752
2BR estimate$990
Median income$46,406
Median home value$69,900

ACS context

Quick Facts

Population

1,626

Median age

43.9

Bachelor's degree+

13.6%

Poverty rate

29.8%

Labor force participation

73.2%

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

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

-6.3%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
20202,249
20211,755
20221,564
20231,808
20241,626
GDP (5 years)
2020$4.5B
2021$4.9B
2022$5.6B
2023$5.9B
2024$6.3B

2-year linear forecast

Predictive Outlook

Population forecast

20241,626
20251,443 *
20261,323 *

R² = 49.1% · * projected

GDP forecast

2024$6.3B
2025$6.8B *
2026$7.3B *

R² = 98.6% · * 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$46,406/yr
Median rent$917/mo
Rent share of income23.7%
Est. mortgage (30yr, 6.5%)$4,241/yr
Mortgage share of income9.1%

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

employment snapshot

Job Market

Unemployment rate11.4%
State avg4.9%
U.S. avg5.2%
Labor force participation73.2%
Poverty rate29.8%

Data from BLS LAUS / CPS. Latest available.

valuation snapshot

Real Estate

Median home value$69,900
Median monthly rent$917
Price-to-rent ratio6.4x

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

composite score

Investment Climate

Investment climateModerate
Composite score37/100
Economic growth88/100
Labor market0/100
Population momentum0/100
Overall stability44/100

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

Location Context

South Sumter CDP, South Carolina

City/Town

Part of

Sumter, SC

Nearby locations

Lakewood, SCEast Sumter, SCSumter, SCMulberry, SCPrivateer, SC