Spartanburg is a city in South Carolina state in USA with a population of 37448 residents.. The poverty rate of Spartanburg is 24.6%, which is 76% higher than national average. The typical household in Spartanburg earns $42841 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 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 57.3% 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 Spartanburg, only 86% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Spartanburg remained 8.6%, which is 83% 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 Spartanburg, only 33% of adults have a bachelor's degree and 25% have some college but no degree.

Cost of living in Spartanburg is 89, which is 11% lower than national average. Median home value in Spartanburg is $133200 , which is 42% lower than national average. While median income in Spartanburg remained $42841, which is 37% lower than national average.