HomeSouth CarolinaSpartanburg County
Spartanburg County, South Carolina: commercial real estate data.
Spartanburg County, South Carolina has a population of 347,852 across 808 square miles, up 12.6 percent since the 2020 census base. County output reached $22.98 bn in 2024, 7,399 establishments operate here, and the SBA record carries 272 7(a) approvals worth $176.9 m.
123 sourced county values · tier FULL · 11 sections
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
Is Spartanburg County growing
- Population change since the 2020 census base12.58 percent
- Census 2020 base population327,997
- Births, 20244,107
- Deaths, 20243,569
- Natural change, 2024538
- Net domestic migration, 20248,119
- Net international migration, 20241,918
- Total net migration, 202410,037
- Cumulative net domestic migration, 2021 to 202434,371
- Rank by growth among US county-equivalents98th
The county has grown 12.58 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Spartanburg County
Where people moving to Spartanburg County come 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)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Spartanburg County Non-migrants | 119,656 | 252,180 | $9.05 bn |
| Other flows - Different State | 3,293 | 6,561 | $211.3 m |
| Greenville County | 2,659 | 5,110 | $149.2 m |
| Other flows - South | 1,594 | 3,001 | $98.8 m |
| Other flows - Northeast | 704 | 1,499 | $42.8 m |
| Other flows - Midwest | 562 | 1,124 | $40.5 m |
| Cherokee County | 453 | 842 | $21.5 m |
| Other flows - West | 433 | 937 | $29.2 m |
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
What the Spartanburg County economy runs on
- County GDP, 2024$22.98 bn
- County GDP, 2023$21.61 bn
- GDP change, 2023 to 20246.3 percent
- GDP change over five years37.7 percent
- Rank by GDP among South Carolina counties4th
- Rank by GDP among US county-equivalents239th
- GDP per resident$66,062
Output grew 6.3 percent in the latest year and 37.7 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.
Spartanburg County
Who employs people 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
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 37,316 | 616 | $75,914 |
| Sector 44-45 | 17,672 | 1,120 | $35,900 |
| Sector 72 | 12,829 | 680 | $24,891 |
| Sector 62 | 11,852 | 818 | $48,347 |
| Sector 48-49 | 8,554 | 378 | $57,342 |
| Sector 56 | 7,559 | 582 | $44,172 |
| Sector 23 | 7,274 | 730 | $71,090 |
| Sector 42 | 6,662 | 485 | $71,630 |
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
What businesses operate in Spartanburg County
- Establishments, all industries7,399
- Employment at those establishments150,332
- Annual payroll$8.48 bn
- Establishments per 1,000 residents21.3
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.
Spartanburg County
What is being built 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
How much SBA lending happens in Spartanburg County
- 7(a) approvals recorded272
- 7(a) gross approval dollars$176.9 m
- Average 7(a) approval$650,277
- Median 7(a) approval$300,000
- 10th percentile approval$25,000
- 90th percentile approval$1,886,000
- Largest single approval$4,500,000
- Jobs reported supported, 7(a)2,694
- Jobs per approval9.9
- Distinct 7(a) lenders active60
- Distinct industries receiving approvals128
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer23.9 percent
- Loans on real estate terms65
- Loans on working capital terms, 120 months or shorter187
- Franchise loans57
- Franchise share of approvals21.0 percent
- Leading industry by approval countFull-Service Restaurants (16)
- Most active lenderTD Bank, National Association (28)
- 504 approvals recorded46
- 504 gross approval dollars$35.8 m
- Average 504 approval$777,413
- Median 504 approval$621,000
- Distinct CDCs active4
- 504 jobs per approval11.5
- 504 jobs per million dollars approved14.8
- Most active CDCAppalachian Development Corporation (26)
- 7(a) share of SBA approvals85.5 percent
- Combined SBA approval dollars$212.6 m
The average approval of $650,277 sits well above the median of $300,000, 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 23.9 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.
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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Spartanburg County
Which parts of Spartanburg County get the lending
- Places in the county with recorded lending21
- Spartanburg, approvals119
- Duncan, approvals35
- INMAN, approvals25
- BOILING SPRINGS, approvals20
- MOORE, approvals10
- Woodruff, approvals10
| Place | Approvals | Gross approval dollars |
|---|---|---|
| Spartanburg | 119 | $92,812,600 |
| Duncan | 35 | $23,706,100 |
| INMAN | 25 | $17,592,500 |
| BOILING SPRINGS | 20 | $10,494,600 |
| MOORE | 10 | $3,640,600 |
| Woodruff | 10 | $3,644,500 |
| LYMAN | 9 | $1,137,700 |
| GREER | 8 | $4,530,000 |
Spartanburg accounts for 119 approvals against 35 in Duncan. 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.
Spartanburg County
How big 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.
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 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
Common questions
Spartanburg County questions, answered from the record.
How many people live in Spartanburg County, South Carolina?
347,852, in 131,672 households, ranking 5th of 46 South Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Spartanburg County growing?
The population has grown 12.58 percent since the 2020 census base. In 2024 there were 4,107 births against 3,569 deaths, with net migration of 10,037. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Spartanburg County?
$66,234. The median owner-occupied home is valued at $233,300, which is 3.5 times income, and median gross rent is $1,084 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are there in Spartanburg County?
7,399 establishments, employing 150,332 people with an annual payroll of $8.48 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 Spartanburg County?
Average annual pay is $59,564, or $1,145 a week, across 155,484 covered jobs. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Spartanburg County?
272 7(a) approvals totalling $176.9 m since FY2020, across 60 lenders, with a median approval of $300,000, plus 46 504 approvals worth $35.8 m. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Spartanburg County get paid back?
Of the 48 loans that have reached a final outcome, 46 were paid in full and 2 charged off, a charge off rate of 4.2 percent. Loans still running are excluded, because they have not yet succeeded or failed.
What is being built in Spartanburg County?
3,129 housing units were authorised by permit in 2024, with a declared construction value of $612.3 m. Multifamily was 1.3 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Spartanburg County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Spartanburg County come from?
The largest single origin is Spartanburg County Non-migrants, with 119,656 households. Arriving households report an average income of $59,513 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 Spartanburg 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 Spartanburg 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.