Spartanburg County, SC Economy


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United States / South Carolina / / Spartanburg County / Cities / Zip Codes
Spartanburg, SC County is a great place to live and work due to its relatively low living costs. Rent for two-bedrooms in the area is only $970 a month, compared to the national average of $1,430. Additionally, grocery cost index has also been cheaper than the rest of the US at 95. The county is home to numerous large companies such as BMW Spartanburg Plant, Milliken & Company, and Unilever US. All of these companies are integral parts of the local economy and provide many jobs for residents in the area.

Spartanburg County has an unemployment rate of 4.7%. The US average is 6.0%.

Spartanburg County has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 39.9%, which is higher than the US average of 33.5%.

Tax Rates for Spartanburg County
- The Sales Tax Rate for Spartanburg County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Spartanburg County is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Spartanburg County
- The average income of a Spartanburg County resident is $29,520 a year. The US average is $37,638 a year.
- The Median household income of a Spartanburg County resident is $57,627 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySpartanburg, South CarolinaUnited States
  4.76
  -1.7%-6.2%
  39.9%33.5%
  6.0%6.2%
  7.0%4.6%
  $29,520$37,638
  $57,627$69,021
  $70,267$85,028
  Population by Occupation
  0.5%1.2%
  0.1%0.5%
  5.9%6.8%
  20.4%10.0%
  2.8%2.5%
  11.3%11.0%
  6.2%4.8%
  0.7%0.8%
  1.6%1.9%
  3.6%4.7%
  1.3%1.9%
  4.2%7.6%
  0.1%0.1%
  4.6%4.2%
  8.4%9.3%
  12.5%14.0%
  1.2%2.1%
  6.8%7.0%
  5.1%4.8%
  2.9%4.7%
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