Cost of Living in Spartanburg, SC
Population: 38,578 • 2026 Data
$51,193
Median Household Income
-34% vs national
$1,043
Median Monthly Rent
-23% vs national
$185,300
Median Home Value
-45% vs national
7.0%
Unemployment Rate
Housing in Spartanburg
The median home value in Spartanburg, SC is $185,300. Monthly rent for a typical unit averages $1,043, while total monthly housing costs (including utilities and insurance) average $1,011.
Rent-to-income ratio: 24.4%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Spartanburg, SC is $51,193. The unemployment rate stands at 7.0%, with a labor force of 18,200 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.