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EconPulse

Local economy signal dashboard

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PLACEThriving

Tega Cay, SC

Thriving overall. GDP / Output 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 score79out of 100
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88
66
NA
83
87

Population

13,615

Data freshness

Unknown

GDP / Output

+7.0% YoY

88

$19.2B

Output changed +7.0% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

66

3.7%

Unemployment is 3.7% for April 2026.

Vintage date unknown

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

Population

Unavailable 5-year

NA

13,615

Population trend is unavailable.

Vintage date unknown

State population5,296,225
U.S. population334,922,499
Population trend temporarily unavailable.

Housing

Rent share of income

83

11.9%

Median rent consumes 11.9% of median household income: Affordable.

Vintage date unknown

State rent$1.2K
U.S. rent$1.4K
Population trend temporarily unavailable.

Federal Funds

$6.5K per resident

87

$1.8B

$1.8B 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

$1.8B

$6.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$1.5B
2. Department of Veterans Affairs$220.7M
3. Department of Defense$47.1M

Top recipients

Dollars
1. MSI-DEFENCE SYSTEMS US, LLC$45.1M
2. CATAWBA INDIAN NATION$22.1M
3. WINTHROP UNIVERSITY$19.9M

Affordable

Housing Affordability

11.9%

of median income

1BR estimate$1,155
2BR estimate$1,521
Median income$142,000
Median home value$529,200

ACS context

Quick Facts

Population

13,615

Median age

41.0

Bachelor's degree+

67.1%

Poverty rate

1.5%

Labor force participation

66.6%

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

April 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-06-10

HUD Fair Market Rent

Latest available

Data notes
  • Population trend temporarily unavailable.
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

Unavailable

GDP CAGR

+7.4%

Federal flow

5 years

GDP (5 years)
2020$13.4B
2021$15.2B
2022$16.7B
2023$18.0B
2024$19.2B

2-year linear forecast

Predictive Outlook

GDP forecast

2024$19.2B
2025$20.8B *
2026$22.3B *

R² = 99.4% · * 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$142,000/yr
Median rent$1,408/mo
Rent share of income11.9%
Est. mortgage (30yr, 6.5%)$32,111/yr
Mortgage share of income22.6%

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 avg4.8%
U.S. avg4.3%
Labor force participation66.6%
Poverty rate1.5%

Data from BLS LAUS / CPS. April 2026.

valuation snapshot

Real Estate

Median home value$529,200
Median monthly rent$1,408
Price-to-rent ratio31.3x

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

composite score

Investment Climate

Investment climateStrong
Composite score78/100
Economic growth88/100
Labor market66/100
Population momentumN/A
Overall stability79/100

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

Location Context

Tega Cay city, South Carolina

City/Town

Part of

Charlotte-Concord-Gastonia, NC-SC

Nearby locations

Baxter Village, SCIndia Hook, SCRiverview, SCFort Mill, SCNewport, SC