Newberry is a city in South Carolina state in USA with a population of 10219 residents.. The poverty rate of Newberry is 22%, which is 57% higher than national average. The typical household in Newberry earns $38613 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 63.5% 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 Newberry, only 80% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Newberry remained 7.3%, which is 55% 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 Newberry, only 20% of adults have a bachelor's degree and 26% have some college but no degree.

Cost of living in Newberry is 86, which is 14% lower than national average. Median home value in Newberry is $100700 , which is 56% lower than national average. While median income in Newberry remained $38613, which is 43% lower than national average.