HomeSouth CarolinaNewberry County
Newberry County, South Carolina: commercial real estate data.
Newberry County, South Carolina has a population of 38,435 across 630 square miles, up 3.9 percent since the 2020 census base. 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.
120 sourced county values · tier FULL · 11 sections
Newberry County
How many people live in Newberry County
- Population38,435
- 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-equivalents1236th
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 an affordable ownership market 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 growing
- Population change since the 2020 census base3.92 percent
- Census 2020 base population37,726
- 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
The county has grown 3.92 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.
Newberry County
Where people moving to Newberry County come from
- Tax returns filed by households arriving868
- People arriving, from those returns1,613
- Adjusted gross income arriving$54.5 m
- Net adjusted gross income movement$0
- Average income of an arriving household$62,811
- Largest single originNewberry County Non-migrants (13,719 households)
- Largest single destination (13,719 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Newberry County Non-migrants | 13,719 | 27,859 | $830.4 m |
| Other flows - Different State | 291 | 531 | $21.7 m |
| Lexington County | 169 | 344 | $11.3 m |
| Other flows - South | 159 | 288 | $11.3 m |
| Other flows - Same State | 140 | 239 | $7.2 m |
| Richland County | 128 | 240 | $7.8 m |
| Other flows - Northeast | 52 | 87 | $4.6 m |
| Laurens County | 45 | 85 | $1.3 m |
The largest single source of arrivals is Newberry 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.
Newberry County
What the Newberry County economy runs on
- 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 South Carolina counties26th
- Rank by GDP among US county-equivalents1263rd
- 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
Who employs people in Newberry County
- Covered employment, annual average14,366
- Establishments reporting928
- Average annual pay$49,024
- Average weekly wage$943
- Sector 31-33, employment4,645
- Sector 31-33, average annual pay$62,681
- Sector 44-45, employment1,508
- Sector 44-45, average annual pay$31,553
- Sector 72, employment1,005
- Sector 72, average annual pay$19,837
- Sector 23, employment808
- Sector 23, average annual pay$63,190
- Sector 56, employment713
- Sector 11, employment453
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 4,645 | 58 | $62,681 |
| Sector 44-45 | 1,508 | 136 | $31,553 |
| Sector 72 | 1,005 | 79 | $19,837 |
| Sector 23 | 808 | 102 | $63,190 |
| Sector 56 | 713 | 58 | $32,767 |
| Sector 11 | 453 | 30 | $52,249 |
| Sector 42 | 311 | 33 | $69,144 |
| Sector 81 | 216 | 67 | $48,234 |
The largest sector is the biggest private employer group at 4,645 jobs, 32.3 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.
Newberry County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Newberry County
What is being built in Newberry County
- Housing units authorised by permit, 2024155
- Declared construction value permitted$64.5 m
- Single family units authorised155
- Multifamily units authorised0
- Multifamily share of units0.0 percent
- Average declared value per unit$415,822
- Units authorised per 1,000 households10.1
Multifamily is 0.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Newberry County
How much SBA lending happens in Newberry County
- 7(a) approvals recorded28
- 7(a) gross approval dollars$13.9 m
- Average 7(a) approval$497,768
- Median 7(a) approval$245,000
- 10th percentile approval$10,000
- 90th percentile approval$1,270,000
- 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
- Leading industry by approval countHotels (except Casino Hotels) and Motels (2)
- 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)
- 7(a) share of SBA approvals90.3 percent
- Combined SBA approval dollars$15.5 m
The average approval of $497,768 sits well above the median of $245,000, 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 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
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
Too few loans have reached a final outcome to publish a charge off rate. only 5 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.
Newberry County
Which parts of Newberry County get the lending
- Places in the county with recorded lending6
- NEWBERRY, approvals22
- Prosperity, approvals2
- CHAPIN, approvals1
- POMARIA, approvals1
- Newberrt, approvals1
- SILVERSTREET, approvals1
| Place | Approvals | Gross approval dollars |
|---|---|---|
| NEWBERRY | 22 | $13,099,500 |
| Prosperity | 2 | $410,000 |
| CHAPIN | 1 | $5,000 |
| POMARIA | 1 | $75,000 |
| Newberrt | 1 | $265,000 |
| SILVERSTREET | 1 | $83,000 |
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 big 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.
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 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.
- Population38,435
- 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?
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 growing?
The population has grown 3.92 percent since the 2020 census base. 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 there 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 the average wage in Newberry County?
Average annual pay is $49,024, or $943 a week, across 14,366 covered jobs. 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 totalling $13.9 m since FY2020, across 14 lenders, with a median approval of $245,000, plus 3 504 approvals worth $1.6 m. These are approvals recorded in the release, not loans disbursed.
What is being built in Newberry County?
155 housing units were authorised 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 Newberry County Non-migrants, with 13,719 households. Arriving households report an average income of $62,811 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 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?
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.