Spartansburg, PA Economy


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Spartansburg, PA is a great place to live. It has many local businesses such as the Spartansburg Chamber of Commerce and the Spartansburg County Historical Society that support the town. The average two-bedroom rent in this area is $920 which is much lower than the national average of $1,430. Additionally, grocery costs are also lower here with an index score of 96 versus 100 for the U.S. overall. With its thriving economy and low cost of living, Spartansburg offers favorable financial security for its residents.

Spartansburg has an unemployment rate of 7.9%. The US average is 6.0%.

Spartansburg has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.

Tax Rates for Spartansburg
- The Sales Tax Rate for Spartansburg is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spartansburg is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Spartansburg
- The average income of a Spartansburg resident is $23,959 a year. The US average is $28,555 a year.
- The Median household income of a Spartansburg resident is $49,432 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpartansburg, PennsylvaniaUnited States
  7.96
  -5.3%-6.2%
  12.6%33.5%
  6.0%6.2%
  4.1%4.6%
  $25,777$37,638
  $49,432$69,021
  $49,659$85,028
  Population by Occupation
  3.3%1.2%
  4.1%0.5%
  4.9%6.8%
  11.5%10.0%
  0.0%2.5%
  22.1%11.0%
  1.6%4.8%
  0.0%0.8%
  0.8%1.9%
  4.1%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  1.6%4.2%
  6.6%9.3%
  27.9%14.0%
  3.3%2.1%
  3.3%7.0%
  3.3%4.8%
  1.6%4.7%
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