HomeSouth CarolinaNewberry County
Newberry County, South Carolina: commercial real estate data.
Newberry County, South Carolina had an estimated 39,203 residents on July 1, 2024, up 3.9 percent since the 2020 census base of 37,726, across 630 square miles. County output reached $2.03 bn in 2024, 781 establishments operate here, and the SBA record carries 28 7(a) approvals worth $13.9 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Newberry County
How many people live in Newberry County
- Population, American Community Survey 2020-202438,435
- Households15,325
- Average household size2.51
- Median household income$61,780
- Median age41.9
- Median gross rent$872 per month
- Median owner-occupied home value$173,300
- Home value to household income2.8 times
- Annual rent as a share of median income16.9 percent
- Adults 25 and over with a bachelor degree or higher23.1 percent
- Adults 25 and over with a graduate degree9.7 percent
- Adults 25 and over26,216
- Population under 188,231
- Share under 1821.4 percent
- Population 65 and over7,853
- Share 65 and over20.4 percent
- Working age population, 18 to 6422,351
- Civilian labor force17,576
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over58.2 percent
- Rank by population among South Carolina counties27th of 46
- Rank by population among US county-equivalents, Puerto Rico included1236th of 3,222
Newberry County is the 27th largest of 46 South Carolina counties by population. A median home costs 2.8 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 21.4 percent against 20.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Newberry County
Is Newberry County's population growing?
- Population, July 1, 202439,203
- Census 2020 base population37,726
- Population change since the 2020 census base3.92 percent
- Population change, 2023 to 2024287
- Births, 2024418
- Deaths, 2024537
- Natural change, 2024-119
- Net domestic migration, 2024228
- Net international migration, 2024179
- Total net migration, 2024407
- Cumulative net domestic migration, 2021 to 20241,530
- Rank by growth among US county-equivalents705th of 3,144
The county has grown 3.92 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Newberry County
Where are people moving to Newberry County from?
- Tax returns filed by households arriving868
- People arriving, from those returns1,613
- Tax returns filed by households leaving688
- Net household movement180
- Adjusted gross income arriving$54.5 m
- Net adjusted gross income movement$18.5 m
- Average income of an arriving household$62,811
- Average income of a leaving household$52,323
- Largest single originLexington County (169 households)
- Largest single destinationLexington County (148 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Lexington County | 169 | 344 | $11.3 m |
| Richland County | 128 | 240 | $7.8 m |
| Laurens County | 45 | 85 | $1.3 m |
| Spartanburg County | 25 | 48 | $1.9 m |
| Fairfield County | 24 | 35 | $973,000 |
| Saluda County | 24 | 48 | $655,000 |
| Greenville County | 22 | 43 | $1.7 m |
Households arriving report $10,488 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Lexington County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Newberry County
What is the Newberry County economy?
- County GDP, 2024$2.03 bn
- County GDP, 2023$1.94 bn
- GDP change, 2023 to 20244.6 percent
- GDP change over five years40.3 percent
- Rank by GDP among the South Carolina areas BEA publishes26th of 46
- Rank by GDP among the US county areas BEA publishes1263rd of 3,127
- GDP per resident$52,922
Output grew 4.6 percent in the latest year and 40.3 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Newberry County
Employment by industry in Newberry County
- Covered employment, annual average14,366
- Establishments reporting928
- Average annual pay$49,024
- Average weekly wage$943
- Manufacturing, employment4,645
- Manufacturing, average annual pay$62,681
- Retail trade, employment1,508
- Retail trade, average annual pay$31,553
- Accommodation and food services, employment1,005
- Accommodation and food services, average annual pay$19,837
- Construction, employment808
- Construction, average annual pay$63,190
- Administrative and support and waste management services, employment713
- Agriculture, forestry, fishing and hunting, employment453
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 4,645 | 58 | $62,681 |
| Retail trade | 1,508 | 136 | $31,553 |
| Accommodation and food services | 1,005 | 79 | $19,837 |
| Construction | 808 | 102 | $63,190 |
| Administrative and support and waste management services | 713 | 58 | $32,767 |
| Agriculture, forestry, fishing and hunting | 453 | 30 | $52,249 |
| Wholesale trade | 311 | 33 | $69,144 |
| Other services, except public administration | 216 | 67 | $48,234 |
Manufacturing is the largest private sector at 4,645 jobs, 32.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Newberry County
How many businesses are in Newberry County?
- Establishments, all industries781
- Employment at those establishments12,402
- Annual payroll$563.5 m
- Establishments per 1,000 residents20.3
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Newberry County
Building permits in Newberry County
- Housing units authorized by permit, 2024155
- Declared construction value permitted$64.5 m
- Single family units authorized155
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$415,822
- Units authorized per 1,000 households10.1
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Newberry County
SBA loans in Newberry County (7(a) and 504)
- 7(a) approvals recorded28
- 7(a) gross approval dollars$13.9 m
- Average 7(a) approval$497,768
- Median 7(a) approval$197,500
- 10th percentile approval$20,500
- 90th percentile approval$998,400
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)257
- Jobs per approval9.2
- Distinct 7(a) lenders active14
- Distinct industries receiving approvals23
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer28.6 percent
- Loans on real estate terms8
- Loans on working capital terms, 120 months or shorter20
- Franchise loans2
- Franchise share of approvals7.1 percent
- Most active lenderTD Bank, National Association (10)
- 504 approvals recorded3
- 504 gross approval dollars$1.6 m
- Average 504 approval$520,333
- Median 504 approval$605,000
- Distinct CDCs active1
- 504 jobs per approval9.7
- 504 jobs per million dollars approved18.6
- Most active CDCCertified Development Corporation of South Carolina (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$15.5 m
The average approval of $497,768 sits well above the median of $197,500, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 28.6 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Newberry County
SBA loan default and charge-off rates in Newberry County
Do SBA loans in Newberry County get paid back?
- Loans with a final outcome recorded5
- Paid in full5
- Charged off0
- Status: Paid in full5
- Status: Exempt from disclosure19
- Status: Cancelled4
Only 5 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newberry County
SBA lending by place in Newberry County
- Borrower cities with recorded lending6
- Newberry, approvals22
- Prosperity, approvals2
- Newberrt, approvals1
- Silverstreet, approvals1
- Pomaria, approvals1
- Chapin, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Newberry | 22 | $13,099,500 |
| Prosperity | 2 | $410,000 |
| Newberrt | 1 | $265,000 |
| Silverstreet | 1 | $83,000 |
| Pomaria | 1 | $75,000 |
| Chapin | 1 | $5,000 |
Newberry accounts for 22 approvals against 2 in Prosperity. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Newberry County
How large is Newberry County?
- Land area630 sq mi
- Rank by land area among South Carolina counties22nd of 46
- Width, east to west35.9 mi
- Height, north to south31.6 mi
- Geographies sharing a boundary7
- Residents per square mile of land61
- Establishments per square mile1.24
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Newberry County
Flood risk in Newberry County
- Participation of the county's own NFIP community Newberry County, unincorporated areasParticipating, community 450224
- Communities in the county in the NFIP Community Status Book8
- Of those, participating in the NFIP3
- NFIP participation rate37.5 percent
- Communities carrying a CRS class0
- Radon levels in Newberry County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Newberry County (community 450224), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Newberry County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 37.5 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Newberry County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Newberry County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202438,435
- Households15,325
- Average household size2.51
- Median household income$61,780
- Median age41.9
Common questions
Newberry County questions, answered from the record.
How many people live in Newberry County, South Carolina?
The Census Bureau estimates 39,203 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 38,435, in 15,325 households, ranking 27th of 46 South Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Newberry County's population growing?
The population has grown 3.92 percent since the 2020 census base of 37,726, to 39,203 on July 1, 2024. In 2024 there were 418 births against 537 deaths, with net migration of 407. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Newberry County?
$61,780. The median owner-occupied home is valued at $173,300, which is 2.8 times income, and median gross rent is $872 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Newberry County?
781 establishments, employing 12,402 people with an annual payroll of $563.5 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Newberry County?
Manufacturing is the largest private sector at 4,645 jobs, 32.3 percent of covered employment. Covered employment averages 14,366 jobs at an average annual pay of $49,024, or $943 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Newberry County?
28 7(a) approvals totaling $13.9 m since FY2020, across 14 lenders, with a median approval of $197,500, plus 3 504 approvals worth $1.6 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Newberry County?
155 housing units were authorized by permit in 2024, with a declared construction value of $64.5 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Newberry County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Newberry County come from?
The largest single origin is Lexington County, with 169 households. Arriving households report an average income of $62,811 against $52,323 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Newberry County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Newberry County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Newberry County
Cities and places in Newberry.
8 Census places lie wholly or partly in Newberry County. All 8 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Newberry | city | 10,790 | 22 | Wholly in this county |
| Whitmire | town | 1,319 | None recorded | Wholly in this county |
| Prosperity | town | 1,318 | 2 | Wholly in this county |
| Helena | CDP | 716 | None recorded | Wholly in this county |
| Little Mountain | town | 368 | None recorded | Wholly in this county |
| Silverstreet | town | 330 | 1 | Wholly in this county |
| Pomaria | town | 152 | 1 | Wholly in this county |
| Peak | town | 108 | None recorded | Wholly in this county |
A further 2 of the county's 28 SBA 7(a) approvals are to borrowers in cities that match no Census place in Newberry County, the largest being Newberrt (1), Chapin (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.