Skip to main content

EconPulse

Local economy signal dashboard

Saved
PLACEThriving

Woodruff, 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.

Post on XLinkedIn
Overall score73out of 100
Compare
83
56
78
81
NA

Population

4,538

Data freshness

Unknown

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

56

4.3%

Unemployment is 4.3% for July 2026.

Vintage date unknown

State avg4.2%
U.S. avg4.1%

Population

+4.7% 5-year

78

4,538

Population moved +4.7% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

81

13.7%

Median rent consumes 13.7% 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

Unavailable per resident

NA

Unavailable

Federal spending data is unavailable for this geography.

Vintage date unknown

State total$137.1B
U.S. total$5.3T
USAspending federal inflow temporarily unavailable.

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

Unavailable

No federal obligations were reported for this geography.

Top agencies

Dollars

No agencies reported.

Top recipients

Dollars

No recipients reported.

Affordable

Housing Affordability

13.7%

of median income

1BR estimate$664
2BR estimate$875
Median income$70,959
Median home value$204,800

ACS context

Quick Facts

Population

4,538

Median age

34.8

Bachelor's degree+

19.1%

Poverty rate

14.2%

Labor force participation

68.1%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-09

HUD Fair Market Rent

Latest available

Data notes
  • USAspending federal inflow 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

+0.9%

GDP CAGR

+6.6%

Federal flow

N/A

Population (5 years)
20204,333
20214,178
20224,262
20234,337
20244,538
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

20244,538
20254,500 *
20264,557 *

R² = 45.6% · * 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$70,959/yr
Median rent$810/mo
Rent share of income13.7%
Est. mortgage (30yr, 6.5%)$12,427/yr
Mortgage share of income17.5%

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

employment snapshot

Job Market

Unemployment rate4.3%
State avg4.2%
U.S. avg4.1%
Labor force participation68.1%
Poverty rate14.2%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$204,800
Median monthly rent$810
Price-to-rent ratio21.1x

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

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth83/100
Labor market56/100
Population momentum78/100
Overall stability73/100

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

Location Context

Woodruff city, South Carolina

City/Town

Part of

Spartanburg, SC

Nearby locations

Enoree, SCReidville, SCFountain Inn, SCRoebuck, SCGray Court, SC