Spartanburg County, South Carolina: commercial real estate data.

Spartanburg County

How many people live in Spartanburg County

• Population347,852
• Households131,672
• Average household size2.64
• Median household income$66,234
• Median age37.8
• Median gross rent$1,084 per month
• Median owner-occupied home value$233,300
• Home value to household income3.5 times
• Annual rent as a share of median income19.6 percent
• Adults 25 and over with a bachelor degree or higher25.1 percent
• Adults 25 and over with a graduate degree9.6 percent
• Adults 25 and over235,642
• Population under 1881,285
• Share under 1823.4 percent
• Population 65 and over56,675
• Share 65 and over16.3 percent
• Working age population, 18 to 64209,892
• Civilian labor force171,295
• Unemployment rate4.3 percent
• Labor force participation, adults 18 and over64.3 percent
• Rank by population among South Carolina counties5th of 46
• Rank by population among US county-equivalents215th

Spartanburg County is the 5th largest of 46 South Carolina counties by population. A median home costs 3.5 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 23.4 percent against 16.3 percent, a household formation profile rather than a retirement one.

US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.

Spartanburg County

Where are people moving to Spartanburg County from?

• Tax returns filed by households arriving10,597
• People arriving, from those returns20,852
• Adjusted gross income arriving$630.7 m
• Net adjusted gross income movement$0
• Average income of an arriving household$59,513
• Largest single originSpartanburg County Non-migrants (119,656 households)
• Largest single destination (119,656 households)

The largest single source of arrivals is Spartanburg County Non-migrants, 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.

Spartanburg County

Largest employers in Spartanburg County

• Covered employment, annual average155,484
• Establishments reporting8,388
• Average annual pay$59,564
• Average weekly wage$1,145
• Sector 31-33, employment37,316
• Sector 31-33, average annual pay$75,914
• Sector 44-45, employment17,672
• Sector 44-45, average annual pay$35,900
• Sector 72, employment12,829
• Sector 72, average annual pay$24,891
• Sector 62, employment11,852
• Sector 62, average annual pay$48,347
• Sector 48-49, employment8,554
• Sector 56, employment7,559

The largest sector is the biggest private employer group at 37,316 jobs, 24.0 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.

US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.

Spartanburg County

Building permits in Spartanburg County

• Housing units authorised by permit, 20243,129
• Declared construction value permitted$612.3 m
• Single family units authorised3,089
• Multifamily units authorised40
• Multifamily share of units1.3 percent
• Average declared value per unit$195,694
• Units authorised per 1,000 households23.8

Multifamily is 1.3 percent of units authorised, so the pipeline is predominantly for sale product.

US Census Bureau, Building Permits Survey, 2024 annual.

Spartanburg County

SBA loan default and charge-off rates in Spartanburg County

Do SBA loans in Spartanburg County get paid back?

• Loans with a final outcome recorded48
• Paid in full46
• Charged off2
• Charge off rate on resolved loans4.2 percent
• Status: Paid in full46
• Status: Exempt from disclosure173
• Status: Charged off2
• Status: Cancelled31
• Status: Committed, not yet disbursed20

Of the 48 loans that have reached a final outcome, 4.2 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.

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.

Spartanburg County

How large is Spartanburg County?

• Land area808 sq mi
• Rank by land area among South Carolina counties9th of 46
• Width, east to west29.1 mi
• Height, north to south41.5 mi
• Geographies sharing a boundary4
• Residents per square mile of land431
• Establishments per square mile9.16

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.

Feasibility studies

When a Spartanburg 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 Spartanburg County site starts with the figures you are reading, carrying the same source and period into the credit file.

• Population347,852
• Households131,672
• Average household size2.64
• Median household income$66,234
• Median age37.8

How a feasibility study works →

Spartanburg County

Cities and places in Spartanburg.

39 Census places lie wholly or partly in Spartanburg County. 39 carry enough published place level data for a page of their own and are linked. The rest are named here and not linked, because the American Community Survey and the SBA record between them do not carry enough about them to write an honest page. A place existing is itself worth knowing, so nothing in the county is left out.

A further 13 SBA approvals in Spartanburg County are recorded against borrower cities that match no Census place, the largest being Moore, Saratoga. Those are postal cities and unincorporated areas rather than incorporated places, so no page claims them, and their lending is counted in this county's totals above rather than under any city.