Edgefield is a city in South Carolina state in USA with a population of 4780 residents.. The poverty rate of Edgefield is 30.9%, which is 121% higher than national average. The typical household in Edgefield earns $27619 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 3 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 6 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 74.5% of households earn less than $50,000 a year compared to 39% national rate. With a lack of available jobs, many in Edgefield are struggling financially. Nearly one in every 1 in every 8 workers in Edgefield is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.

A high school education is a basic prerequisite for most jobs, and in Edgefield, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Edgefield remained 12.4%, which is 164% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Edgefield, only 12% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Edgefield is 0, which is 100% lower than national average. Median home value in Edgefield is $97400 , which is 58% lower than national average. While median income in Edgefield remained $27619, which is 59% lower than national average.