Gaffney is a city in South Carolina state in USA with a population of 12733 residents.. The poverty rate of Gaffney is 28.2%, which is 101% higher than national average. The typical household in Gaffney earns $31355 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 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 70.4% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Gaffney, only 83% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Gaffney remained 9.5%, which is 102% higher than national rate. Nearly 2 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 Gaffney, only 18% of adults have a bachelor's degree and 27% have some college but no degree.

Cost of living in Gaffney is 86, which is 14% lower than national average. Median home value in Gaffney is $104900 , which is 54% lower than national average. While median income in Gaffney remained $31355, which is 54% lower than national average.