Richland County, South Carolina
Income Data
U.S. Census Bureau ACSAt a Glance
Economic Indicators
How Richland County Compares
Detailed Income Statistics
Income Advisory: Richland County
Income Verdict
Richland County has a median household income of $61,699 and per capita income of $37,190 — a gap of $24,509, suggesting a higher share of single-earner or non-family households.
Housing Affordability
With median gross rent at $1,185/month and a median household income of $61,699, rent consumes approximately 23.0% of monthly income — well within affordable thresholds.
Economic Context
With a median household income of $61,699, residents of Richland County likely face budget constraints in higher-cost regions but may find cost of living manageable locally. Per capita income of $37,190 is in line with national norms for individual earners.
Neighbor Context
Richland County earns approximately 8.2% above the South Carolina state median household income of $57,006, positioning it favorably within the state.
Data Story
About Household Income in Richland County, South Carolina
Richland ranks in national middle ground
Richland County's median household income of $61,699 runs 17% below the national median of $74,755, yet outperforms most South Carolina counties. This $13,000 gap reflects Richland's status as South Carolina's largest and most economically diversified county, anchored by Columbia.
Richland leads South Carolina in income
Richland's $61,699 median income stands $4,693 above South Carolina's state average of $57,006 and ranks among the state's top earners. This leadership position reflects Columbia's government, education, and healthcare sectors that support higher wages statewide.
Richland significantly outearns nearby counties
Richland's $61,699 substantially exceeds neighboring Newberry ($59,670) and Pickens ($59,411), reflecting Columbia's urban economic advantage. This income premium reflects the capital city's concentration of stable, well-paying public and private sector jobs.
Housing costs challenge despite higher income
Richland's rent-to-income ratio of 23.1% exceeds the 20% affordability benchmark, with renters spending nearly a quarter of median income on housing. A median home value of $224,200 reflects strong demand in Columbia, requiring substantial down payments and competing with national competition for housing.
Richland workers: leverage urban job market
With $61,699 median income and strong career advancement opportunities in Columbia's government and healthcare sectors, Richland workers can direct $400–$500 monthly to retirement and investment accounts. Over 30 years, consistent contributions and employer matches can generate $300,000+ in wealth, supporting comfortable retirement.
Frequently Asked Questions
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Income Comparison Calculator
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Your income is above the Richland County median
County median: $61,699 per year
vs. County Median
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vs. State Average
+8%
vs. National Median
-17%
Income Adequacy
Your monthly income ($5,142) vs. median rent ($1,185/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.