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Economic Atlas
Places/SC/Spartanburg
County profile

Spartanburg

United States · GDP 2024
#239 of 3,127 US counties by GDP71st-percentile growthmore diversified than 74% of counties
EA Place Score
——
methodology in progress
GDP 2024 (USD)
$23.0B
GDP growth
+6.3%
Jobs tracked
150,332
Employers
7,399
Avg. wage
$56.6k
Population
380,857
Labor & formation
Unemployment
3.9%
Median HH income
$66.2k±$1.8k
Business applications
5,994 · 2025

Public companies headquartered here

SEC EDGAR · FMP
CompanySectorRevenueEA
1Southern Financial CorporationFinancial Services———

HQ-based placement with total (global) headcount — local employment attribution needs firmographic data; the industry mix at right is measured county data (CBP).

Industry mix · employment
Manufacturing35%
Retail trade16%
Health care14%
Admin & support13%
Food & accommodation12%
Transportation10%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 2020–2025
380,857
residents · 2025 · +15.6% since 2020
Income per capita $55.9k · BEA 2024
COMPONENTS OF CHANGE · 2021–2025
Domestic migration+43,308
International migration+6,281
Natural change+1,361

GDP trend

2019–2024 · nominal
$16.9B
2019
$16.7B
2020
$18.1B
2021
$19.9B
2022
$21.6B
2023
$23.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$233.3k±$3.5k
Median gross rent
$1.1k/mo±$20/mo
Vacancy rate
8.7%±0.6%
Affordability
4.1× wages
Residential permits
3,986 (10.5/1k pop)
FEMA risk score
90.6
HUD Fair Market Rent (2BR):$1.2k/mo · 2026
TOP PERILS · FEMA NRI
Ice storm 99Lightning 97Cold wave 94
FHFA HOUSE PRICE INDEX · 2016–2025
256
2016
273
2017
292
2018
309
2019
323
2020
365
2021
439
2022
483
2023
506
2024
523
2025
Wage trend
BLS QCEW · 2019–2023
$56.6k
avg. annual pay · +19% since 2019
Similar US counties
nearest by GDP
Cumberland$23.1BStark$23.2BHorry$22.8BDavis$23.3BSussex$23.4BBrazoria$23.4B
The read

Spartanburg's economy produced $23.0B in 2024, growing 6.3% year over year — faster than most US counties. Its largest employment sector is manufacturing.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.
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