IncomeBy County

McCormick County, South Carolina

Income Data

U.S. Census Bureau ACS
-3% vs. South Carolina average
$55,344
Median Household Income
$33,437
Per Capita Income

At a Glance

Median Household Income
$55,344
-3% vs. state avg
Per Capita Income
$33,437
-15% vs. national
Income-to-Housing Ratio
34.8%
income as % of home value
Rank in South Carolina
#25 / 46
by median household income

Economic Indicators

Unemployment Rate
N/A
Labor Force Participation
N/A

How McCormick County Compares

McCormick County$55,344
South Carolina Average$57,006
National Median$74,755

Detailed Income Statistics

$55,344
Median Household Income
$33,437
Per Capita Income
$159,000
Median Home Value
34.8%
Income-to-Housing Ratio

Income Advisory: McCormick County

Income Verdict

McCormick County has a median household income of $55,344 and per capita income of $33,437 — a gap of $21,907, suggesting a higher share of single-earner or non-family households.

Housing Affordability

With median gross rent at $666/month and a median household income of $55,344, rent consumes approximately 14.4% of monthly income — well within affordable thresholds.

Economic Context

With a median household income of $55,344, residents of McCormick County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $33,437 is in line with national norms for individual earners.

Neighbor Context

McCormick County earns approximately 2.9% below the South Carolina state median household income of $57,006.

Data Story

About Household Income in McCormick County, South Carolina

McCormick approaches but trails national norm

McCormick County's median household income of $55,344 remains 26% below the national median of $74,755, yet outpaces most South Carolina peers. This $19,400 income gap still limits household wealth accumulation, though McCormick's position suggests relative economic resilience for the region.

McCormick ranks middle-of-pack in state

McCormick's $55,344 median income places it slightly below South Carolina's $57,006 state average, ranking around the midpoint among the state's 46 counties. This moderate position reflects a mixed economic profile—neither among the state's most challenged nor most prosperous regions.

McCormick lags wealthier upstate neighbors

McCormick's $55,344 trails nearby Oconee County ($60,193) and Pickens County ($59,411) but exceeds more rural peers like Marion ($34,501). This positioning reflects McCormick's intermediate economic standing within the upstate region.

Housing costs comfortably manageable here

McCormick's rent-to-income ratio of 14.4% sits well below the 20% affordability threshold, meaning renters spend only about one-seventh of median income on housing. A median home value of $159,000 is reasonably accessible relative to the county's income, supporting homeownership stability.

McCormick: leverage home equity strategically

McCormick households earning $55,344 have built-in advantages—affordable housing and manageable rent ratios free up income for retirement savings and investment. Direct $200–$300 monthly into Roth IRAs or employer 401(k)s to capitalize on compound growth and tax advantages over a 30-year horizon.

Frequently Asked Questions

What is the median household income in McCormick County, South Carolina?
The median household income in McCormick County, South Carolina is $55,344, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. This represents the midpoint of all household incomes in the county.
How much do people earn in McCormick County?
The per capita income in McCormick County is $33,437, which represents the average income per person across the entire county population. The median household income — which accounts for all earners in a household — is $55,344.
How does McCormick County compare to the South Carolina average?
McCormick County's median household income of $55,344 is lower than the South Carolina state average of $57,006. The per capita income is $33,437, compared to the state average of $32,382.
What is the per capita income in McCormick County, South Carolina?
The per capita income in McCormick County, South Carolina is $33,437, according to U.S. Census Bureau American Community Survey 2019-2023 5-Year Estimates. Per capita income is calculated by dividing total personal income by total population, providing an average income figure per resident.
Is McCormick County a low-income area in South Carolina?
McCormick County's median household income of $55,344 is below the South Carolina average of $57,006. The per capita income of $33,437 is also comparable to the state average of $32,382. Lower incomes can reflect the local economic base, rural vs. urban location, and employment opportunities available in the area.
How does McCormick County rank for income in South Carolina?
McCormick County ranks #25 out of 46 counties in South Carolina by median household income (1 = highest). With a median household income of $55,344 and per capita income of $33,437, it falls in the middle third of counties statewide.

Income Comparison Calculator

See how your household income compares in McCormick County

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Your income is above the McCormick County median

County median: $55,344 per year

vs. County Median

+0%

vs. State Average

-3%

vs. National Median

-26%

vs. McCormick County MedianAbout equal
vs. South Carolina Average▼ 3% below
vs. National Median▼ 26% below

Income Adequacy

Monthly income covers median rent6.9x

Your monthly income ($4,612) vs. median rent ($666/mo). A ratio of 3.3x or higher means rent is under 30% of income.

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By Logan Johnson, Founder & Data EditorUpdated Reviewed by Logan Johnson, Founder & Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.

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