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EconPulse

Local economy signal dashboard

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COUNTYThriving

Richland County, SC

Thriving 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 score73out of 100
Compare
93
60
61
68
100

Population

422,117

Data freshness

Unknown

GDP / Output

+7.8% YoY

93

$37.4B

Output changed +7.8% in 2024.

Vintage date unknown

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

Jobs

Unemployment rate

60

4.1%

Unemployment is 4.1% for May 2026.

Vintage date unknown

State avg4.4%
U.S. avg4.2%

Population

+1.8% 5-year

61

422,117

Population moved +1.8% over the latest ACS window.

Vintage date unknown

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

Housing

Rent share of income

68

23.1%

Median rent consumes 23.1% 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

$192.8K per resident

100

$80.2B

$80.2B 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

$80.2B

$192.8K per resident in reported federal flow.

Top agencies

Dollars
1. Department of Health and Human Services$74.3B
2. Social Security Administration$1.9B
3. Department of Veterans Affairs$852.7M

Top recipients

Dollars
1. SOUTH CAROLINA DEPARTMENT OF EDUCATION$618.4M
2. EXECUTIVE OFFICE OF THE STATE OF SOUTH CAROLINA$559.4M
3. CENTRAL ELECTRIC POWER COOPERATIVE INC$464.0M

Affordable

Housing Affordability

23.1%

of median income

1BR estimate$1,007
2BR estimate$1,326
Median income$63,784
Median home value$242,800

ACS context

Quick Facts

Population

422,117

Median age

34.4

Bachelor's degree+

40.7%

Poverty rate

17.2%

Labor force participation

64.6%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.1%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

May 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-16

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

+0.4%

GDP CAGR

+7.0%

Federal flow

5 years

Population (5 years)
2020414,660
2021414,719
2022416,161
2023418,725
2024422,117
GDP (5 years)
2020$26.7B
2021$29.6B
2022$32.1B
2023$34.7B
2024$37.4B

2-year linear forecast

Predictive Outlook

Population forecast

2024422,117
2025422,952 *
2026424,844 *

R² = 89.1% · * projected

GDP forecast

2024$37.4B
2025$40.1B *
2026$42.7B *

R² = 100.0% · * 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$63,784/yr
Median rent$1,228/mo
Rent share of income23.1%
Est. mortgage (30yr, 6.5%)$14,733/yr
Mortgage share of income23.1%

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

employment snapshot

Job Market

Unemployment rate4.1%
State avg4.4%
U.S. avg4.2%
Labor force participation64.6%
Poverty rate17.2%

Data from BLS LAUS / CPS. May 2026.

valuation snapshot

Real Estate

Median home value$242,800
Median monthly rent$1,228
Price-to-rent ratio16.5x

Moderate price-to-rent ratio — buying and renting are roughly balanced in this market.

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth93/100
Labor market60/100
Population momentum61/100
Overall stability73/100

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

Location Context

Richland County, South Carolina

County

Part of

Columbia, SC

Nearby locations

Columbia, SCWoodfield, SCArcadia Lakes, SCForest Acres, SCCapitol View, SC