Greenwood County · South Carolina · South · 23k residents
Greenwood, SC: economy, jobs & business costs
The site-selection read on Greenwood: labor costs, talent, corporate tax, energy, and business activity, with the South Carolina median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,058/wk. South Carolina's corporate income tax rate is 5%. Commercial electricity averages 10.6¢/kWh.
Compare Greenwood side by side
Avg. weekly wage
$1,058/wk
Corporate income tax
5%
Bachelor's degree or higher
17.6%
Commercial electricity
10.6¢/kWh
Economic momentum
How fast Greenwood's economy is moving, ranked against the US cities we track.
87/100
Heating
Ranks Greenwood's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $136,300 |
| Price per sq. ft. | $175 |
| Property tax rate | 0.55% |
| 1-bedroom rent | $702/mo |
| 2-bedroom rent | $834/mo |
| State & local income tax | 3.39% |
| Sales tax | 7.5% |
| Corporate income tax | 5% |
| Avg. weekly wage | $1,058/wk |
| Bachelor's degree or higher | 17.6% |
| Commercial electricity | 10.6¢/kWh |
| Businesses per 1k residents | 23.1/1k |
| Wage: Software developer | $129,450 |
| Wage: Registered nurse | $82,360 |
| Wage: General manager | $106,080 |
| Wage: Customer service | $38,860 |
| Wage: Warehouse worker | $36,020 |
| Wage: Heavy truck driver | $51,130 |
| Wage: Electrician | $58,740 |
| Wage: Retail salesperson | $30,690 |
| Cost of living index | 75 |
| Groceries index | 98 |
| Utilities | $175/mo |
| Transit pass | $45/mo |
| Gas price | $2.95/gal |
| Healthcare index | 95 |
| Childcare (per child) | $850/mo |
| Median household income | $41,150 |
| Unemployment rate | 3.5% |
| Population | 23k |
| Crime index | 65/100 |
| School rating | 5.0/10 |
| Walkability | 30/100 |
| Disaster risk | 73/100 |
| Avg. commute | 25 min |
| Sunny days / year | 220 days |
| July high | 92°F |
| January low | 33°F |
| Annual snowfall | — |
| Home price YoY | -1.0% |
| Home price MoM | +0.2% |
| Rent YoY | +4.3% |
| Rent MoM | +1.4% |
| Employment (jobs) YoY | +1.7% |
| Building permits YoY | — |
| Ocean coast | 161 mi |
| Big lake | 45 mi |
| Mountains | 106 mi |
| Major airport | 50 mi |
| Ski resort | 115 mi |
Popular comparisons
Nearby
- Anderson, SC · 30k
- Simpsonville, SC · 26k
- Mauldin, SC · 27k
- Five Forks, SC · 19k
- Gantt, SC · 15k
Similar size
- Hanahan, SC · 21k
- Socastee, SC · 24k
- Wade Hampton, SC · 21k
- Taylors, SC · 25k
- Lexington, SC · 25k
Real listings in Greenwood
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Greenwood a good place to run a business?
- South Carolina's corporate income tax rate is 5%; average weekly wages in the surrounding labor market run $1,058/wk; commercial electricity averages 10.6¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Greenwood, SC?
- Greenwood indexes at 75 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $834/mo and a acs median home value of $136,300.
- How much does a house cost in Greenwood?
- The acs median home value in Greenwood is $136,300 (Census ACS estimate; individual listings vary).
- How much is rent in Greenwood?
- A two-bedroom in Greenwood rents for about $834/mo.