HomeSouth CarolinaGreenwood County
Greenwood County, South Carolina: commercial real estate data.
Greenwood County, South Carolina has a population of 69,489 across 455 square miles, up 1.0 percent since the 2020 census base. County output reached $4.90 bn in 2024, 1,354 establishments operate here, and the SBA record carries 25 7(a) approvals worth $16.7 m.
119 sourced county values · tier FULL · 11 sections
Greenwood County
How many people live in Greenwood County
- Population69,489
- Households27,884
- Average household size2.49
- Median household income$52,830
- Median age40.1
- Median gross rent$898 per month
- Median owner-occupied home value$180,500
- Home value to household income3.4 times
- Annual rent as a share of median income20.4 percent
- Adults 25 and over with a bachelor degree or higher24.7 percent
- Adults 25 and over with a graduate degree9.4 percent
- Adults 25 and over47,049
- Population under 1815,553
- Share under 1822.4 percent
- Population 65 and over13,460
- Share 65 and over19.4 percent
- Working age population, 18 to 6440,476
- Civilian labor force31,045
- Unemployment rate5.5 percent
- Labor force participation, adults 18 and over57.6 percent
- Rank by population among South Carolina counties19th of 46
- Rank by population among US county-equivalents791st
Greenwood County is the 19th largest of 46 South Carolina counties by population. A median home costs 3.4 times median household income, which is an affordable ownership market by national standards. Residents under 18 outnumber those 65 and over, at 22.4 percent against 19.4 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Greenwood County
Is Greenwood County growing
- Population change since the 2020 census base0.99 percent
- Census 2020 base population69,351
- Births, 2024722
- Deaths, 2024886
- Natural change, 2024-164
- Net domestic migration, 2024491
- Net international migration, 2024124
- Total net migration, 2024615
- Cumulative net domestic migration, 2021 to 20241,138
- Rank by growth among US county-equivalents1489th
The county has grown 0.99 percent since the 2020 census base. Deaths exceeded births in 2024, so all of the growth came from people moving in. A market held up by migration alone 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.
Greenwood County
Where people moving to Greenwood County come from
- Tax returns filed by households arriving1,490
- People arriving, from those returns2,763
- Adjusted gross income arriving$89.3 m
- Net adjusted gross income movement$0
- Average income of an arriving household$59,905
- Largest single originGreenwood County Non-migrants (23,699 households)
- Largest single destination (23,699 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Greenwood County Non-migrants | 23,699 | 48,449 | $1.52 bn |
| Other flows - Different State | 601 | 1,108 | $47.5 m |
| Other flows - South | 340 | 619 | $22.1 m |
| Abbeville County | 152 | 322 | $6.5 m |
| Other flows - Same State | 133 | 246 | $8.6 m |
| Laurens County | 131 | 262 | $4.7 m |
| Greenville County | 129 | 226 | $8.0 m |
| Other flows - Northeast | 112 | 214 | $9.3 m |
The largest single source of arrivals is Greenwood 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.
Greenwood County
What the Greenwood County economy runs on
- County GDP, 2024$4.90 bn
- County GDP, 2023$4.65 bn
- GDP change, 2023 to 20245.5 percent
- GDP change over five years56.8 percent
- Rank by GDP among South Carolina counties18th
- Rank by GDP among US county-equivalents725th
- GDP per resident$70,497
Output grew 5.5 percent in the latest year and 56.8 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.
Greenwood County
Who employs people in Greenwood County
- Covered employment, annual average27,679
- Establishments reporting1,569
- Average annual pay$53,318
- Average weekly wage$1,025
- Sector 31-33, employment5,442
- Sector 31-33, average annual pay$66,676
- Sector 62, employment3,487
- Sector 62, average annual pay$68,211
- Sector 44-45, employment3,349
- Sector 44-45, average annual pay$31,002
- Sector 72, employment2,692
- Sector 72, average annual pay$19,191
- Sector 23, employment1,097
- Sector 42, employment833
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 5,442 | 85 | $66,676 |
| Sector 62 | 3,487 | 202 | $68,211 |
| Sector 44-45 | 3,349 | 260 | $31,002 |
| Sector 72 | 2,692 | 150 | $19,191 |
| Sector 23 | 1,097 | 128 | $61,453 |
| Sector 42 | 833 | 64 | $83,094 |
| Sector 56 | 740 | 88 | $47,083 |
| Sector 81 | 544 | 100 | $42,176 |
The largest sector is the biggest private employer group at 5,442 jobs, 19.7 percent of covered employment. Average pay per job exceeds median household income, which usually means single earner households and a wage base that can carry rent.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Greenwood County
What businesses operate in Greenwood County
- Establishments, all industries1,354
- Employment at those establishments23,577
- Annual payroll$1.05 bn
- Establishments per 1,000 residents19.5
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against.
US Census Bureau, County Business Patterns, 2023.
Greenwood County
What is being built in Greenwood County
- Housing units authorised by permit, 2024193
- Declared construction value permitted$55.9 m
- Single family units authorised193
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$289,807
- Units authorised per 1,000 households6.9
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Greenwood County
How much SBA lending happens in Greenwood County
- 7(a) approvals recorded25
- 7(a) gross approval dollars$16.7 m
- Average 7(a) approval$668,404
- Median 7(a) approval$331,100
- 10th percentile approval$25,000
- 90th percentile approval$1,674,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)471
- Jobs per approval18.8
- Distinct 7(a) lenders active8
- Distinct industries receiving approvals21
- Median 7(a) term121 months
- Share of loans on real estate terms, 240 months or longer20.0 percent
- Loans on real estate terms5
- Loans on working capital terms, 120 months or shorter12
- Franchise loans6
- Franchise share of approvals24.0 percent
- Leading industry by approval countGeneral Automotive Repair (2)
- Most active lenderCountybank (14)
- 504 approvals recorded5
- 504 gross approval dollars$2.1 m
- Average 504 approval$425,600
- Median 504 approval$336,000
- Distinct CDCs active3
- 504 jobs per approval6.2
- 504 jobs per million dollars approved14.6
- Most active CDCCertified Development Corporation of South Carolina (3)
- 7(a) share of SBA approvals83.3 percent
- Combined SBA approval dollars$18.8 m
The average approval of $668,404 sits well above the median of $331,100, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually gets. Only 20.0 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.
Greenwood County
Do SBA loans in Greenwood County get paid back
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Exempt from disclosure16
- Status: Committed, not yet disbursed2
- Status: Cancelled1
Too few loans have reached a final outcome to publish a charge off rate. only 6 resolved loans, too few to publish a rate. A rate computed on a handful of loans is noise, so none is shown.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Greenwood County
Which parts of Greenwood County get the lending
- Places in the county with recorded lending4
- Greenwood, approvals21
- NINETY SIX, approvals2
- Ware Shoals, approvals1
- Donalds, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Greenwood | 21 | $15,659,600 |
| NINETY SIX | 2 | $768,000 |
| Ware Shoals | 1 | $230,000 |
| Donalds | 1 | $52,500 |
Greenwood accounts for 21 approvals against 2 in NINETY SIX. 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.
Greenwood County
How big is Greenwood County
- Land area455 sq mi
- Rank by land area among South Carolina counties38th of 46
- Width, east to west26.6 mi
- Height, north to south31.5 mi
- Geographies sharing a boundary6
- Residents per square mile of land153
- Establishments per square mile2.98
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.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
Feasibility studies
When a Greenwood 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 Greenwood County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population69,489
- Households27,884
- Average household size2.49
- Median household income$52,830
- Median age40.1
Common questions
Greenwood County questions, answered from the record.
How many people live in Greenwood County, South Carolina?
69,489, in 27,884 households, ranking 19th of 46 South Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Greenwood County growing?
The population has grown 0.99 percent since the 2020 census base. In 2024 there were 722 births against 886 deaths, with net migration of 615. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Greenwood County?
$52,830. The median owner-occupied home is valued at $180,500, which is 3.4 times income, and median gross rent is $898 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Greenwood County?
1,354 establishments, employing 23,577 people with an annual payroll of $1.05 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is the average wage in Greenwood County?
Average annual pay is $53,318, or $1,025 a week, across 27,679 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Greenwood County?
25 7(a) approvals totalling $16.7 m since FY2020, across 8 lenders, with a median approval of $331,100, plus 5 504 approvals worth $2.1 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Greenwood County?
193 housing units were authorised by permit in 2024, with a declared construction value of $55.9 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Greenwood 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 Greenwood County come from?
The largest single origin is Greenwood County Non-migrants, with 23,699 households. Arriving households report an average income of $59,905 against null for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Greenwood 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 Greenwood County?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.