Greenwood County, South Carolina
Income Data
At a Glance
How Greenwood County Compares
Detailed Income Statistics
Data Story
About Household Income in Greenwood County, South Carolina
Greenwood lags the national income median
Greenwood County's median household income of $50,635 falls 32% below the national median of $74,755, placing it in America's lower-income tier. Per capita income of $31,018 trails national averages, reflecting limited individual earnings across the county. Greenwood faces economic headwinds typical of post-industrial rural communities.
Below-average earner in South Carolina
Greenwood ranks in the lower half of South Carolina's 46 counties with median household income 11% below the state average of $57,006. Per capita income of $31,018 trails the state average by 4%, suggesting income concentration among fewer households. Greenwood residents experience tighter financial constraints than most South Carolinians.
Trails Upstate and CSRA neighbors
Greenwood's $50,635 median income falls behind Laurens County ($53,400) and Abbeville County ($51,800), while matching rural peers like Saluda. Edgefield and Aiken counties to the east substantially outpace Greenwood due to stronger regional economies. Greenwood's position in the Upstate's lower tier reflects manufacturing decline and limited job growth.
Housing remains relatively affordable
Greenwood's rent-to-income ratio of 20.9% indicates housing claims just over one-fifth of household income—a notable burden for lower-earning families. Median home values of $166,400 are achievable for working families, though they demand careful budgeting. Housing affordability is Greenwood's relative strength in an economically challenged county.
Start small with emergency savings
Greenwood households should prioritize building small emergency savings before aggressive investing; financial stability precedes wealth building. Free financial counseling through nonprofits and government programs helps residents stretch budgets and plan for homeownership. Even modest, consistent saving compounds into meaningful assets over decades of discipline and commitment.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Greenwood County median
County median: $50,635 per year
vs. County Median
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vs. State Average
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vs. National Median
-32%
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Your monthly income ($4,220) vs. median rent ($880/mo). A ratio of 3.3x or higher means rent is under 30% of income.
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.