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
15
7.4%
Unemployment is 7.4% for Latest available.
Vintage date unknown
State avg4.9%
U.S. avg5.2%
Population
+3.9% 5-year
73
38,910
Population moved +3.9% over the latest ACS window.
Vintage date unknown
State population5,296,225
U.S. population334,922,499
Housing
Rent share of income
64
25.4%
Median rent consumes 25.4% 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
25.4%
of median income
1BR estimate$901
2BR estimate$1,187
Median income$51,964
Median home value$203,700
ACS context
Quick Facts
Population
38,910
Median age
36.0
Bachelor's degree+
32.6%
Poverty rate
23.8%
Labor force participation
58.0%
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
+0.8%
GDP CAGR
+6.6%
Federal flow
5 years
Population (5 years)
202037,448
202137,990
202238,301
202338,578
202438,910
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
202438,910
202539,299 *
202639,650 *
R² = 98.2% · * 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$51,964/yr
Median rent$1,099/mo
Rent share of income25.4%
Est. mortgage (30yr, 6.5%)$12,360/yr
Mortgage share of income23.8%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate7.4%
State avg4.9%
U.S. avg5.2%
Labor force participation58.0%
Poverty rate23.8%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$203,700
Median monthly rent$1,099
Price-to-rent ratio15.4x
Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.
composite score
Investment Climate
Investment climateModerate
Composite score58/100
Economic growth83/100
Labor market15/100
Population momentum73/100
Overall stability57/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.