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Spartanburg County, SC

RANK #367 / 996 NAT  ·  #9 / 24 SC  ·  POP 330,119

1YR FORECAST: +1.3%

5YR OUTLOOK: +27%

Spartanburg County's housing market is projected to grow +1.3% over the next year, tracking near the national average.

[01] Why Spartanburg County?

Spartanburg County, South Carolina, known as "Hub City" due to its historical role as a railroad intersection, offers a mix of urban and rural living. Located in the foothills of the Blue Ridge Mountains, it provides access to outdoor recreation, including trails, lakes, and rivers. The county seat, Spartanburg, features a cultural district, a growing food scene, and several colleges and universities. Commuting within the county is primarily by car, though the city of Spartanburg operates a bus system and an on-demand microtransit service. Notable towns like Landrum and Woodruff offer small-town charm with unique shops and local events.

Spartanburg County is experiencing economic growth, attracting families and professionals. The economy is driven by sectors such as advanced manufacturing, data centers, and aerospace. Major investments have been made in high-performance computing centers and 3D printing facilities. The county is also home to several higher education institutions, contributing to a diverse community. Public schools in Spartanburg County are generally well-regarded, with seven different school districts serving various communities.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+3.8%

Above national median

Home Prices
+2.2%

Outpacing national median

Climate & Terrain
0.5

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    BMW Manufacturing Co. (Plant Spartanburg) Manufacturing
    5,000+
  2. 2
    Spartanburg Regional Healthcare System Healthcare
  3. 3
    Spartanburg County School Districts Education
  4. 4
    Michelin North America Manufacturing
    1,000+
  5. 5
    Walmart Retail
  6. 6
    County of Spartanburg Government
  7. 7
    Siemens Industry Inc. Manufacturing
  8. 8
    AFL Telecommunications LLC. Manufacturing
  9. 9
    Cryovac Inc. Manufacturing
  10. 10
    Optum Services Inc. Healthcare

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Spartanburg County U.S. National

The Numbers

DEMOGRAPHICS
Population
330,119
+2.25% YoY
Median Household Income
$61,955
Median Home Value
$195,800
+2.22% 12mo
Median Rent
$960
Average Annual Pay
$59,564
+5.2% YoY
Employment
155,484
+2.0% YoY
Income-to-Home-Value
0.3164
More affordable than average
Migration Inflow
3.24%
of pop. from another state
Bachelor's Degree+
25.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$283,250
Days on Market
97
Slower market
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
98.2%
Near asking price
Sold Above List
10.4%
Listings w/ Price Drops
31.6%
Building Permits (2024)
3,129
Single-Family Permits
3,089

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
8.8
per 100K · nat avg 6.3
Firearm Fatalities
20.5
per 100K · nat avg 14.8
Injury Deaths
109.3
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B-
AIR QUALITY
GRADE
Median AQI (3yr)
48.0
Good
Good Air Days
53%
573 of 1,082 days
Unhealthy+ Days (3yr)
6
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
46
2022
47
2023
51
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$6,726M
TOTAL
PROJECT AMOUNT STATUS
Project Sparrow (AI-focused High-Performance Computing Data Center)
TigerDC
$3,000M Proposed
Project Moc-1 (High-Performance Computing Center)
NorthMark Strategies
$2,800M Under Construction
BMW Battery Assembly Plant
BMW Manufacturing
$700M Under Construction
Spartanburg City-County Joint Government Complex
Spartanburg County and City of Spartanburg
$100M Under Construction
EV Battery System Manufacturing Facility
Proterra
$76M Operating
Solar Farm Portfolio (Pinson, Limelight III, Carver Mill Rd, Bryant Road, Limelight II)
Cardinal Renewables, Limelight Solar III, LLC, Montes Electric INC, GridInfo
$50M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +3.8% 70 percentile
Population Growth +2.2% 91 percentile
Income Growth +7.5% 26 percentile
Vacancy Rate 1.2% 43 percentile
Home Price Change +2.2% 62 percentile
Rent Growth +1.8% 32 percentile
Price/Rent 12x 74 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Spartanburg County, SC a good place to move to?

With a Boom Town Index score of 63/100, Spartanburg County sits in the upper half of all 996 ranked counties. Employment is expanding at +2.0%, and median household income stands at $61,955 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in SC.

Is Spartanburg County affordable?

Housing in Spartanburg County is roughly in line with national affordability norms. The median home costs $195,800 and the income-to-home-value ratio sits at 0.32, with rents averaging $960/month. Not a bargain, but not a stretch for most local earners either.

Is Spartanburg County growing or shrinking?

Spartanburg County is growing on multiple fronts. Population is up +2.2% year-over-year while employers added jobs at a +2.0% clip. Home values shifted +2.2% in the past year.

Are people moving to Spartanburg County?

There's a moderate stream of newcomers. About 3.24% of residents moved from another state, which is above average and suggests Spartanburg County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Kershaw County, SC 57 Pickens County, SC 53 Aiken County, SC 75 Oconee County, SC 78 Laurens County, SC 80 Cherokee County, SC 80 Cumberland County, NC 63 Davis County, UT 63