Greer, South Carolina Income Statistics
Greer Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of an area's residents based on income levels, employment rates, and income inequality metrics.
-
C
Greer Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Greer | South Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $69,843 | $69,383 | $80,455 |
| Median Personal Income | $51,656 | $52,934 | $60,758 |
| Average Yearly Income Growth | 5.9% | 5.0% | 4.8% |
| Six-Figure Earners | 10.3% | 10.5% | 13.9% |
| $200k+ Households | 7.9% | 8.9% | 13.2% |
The median household income in Greer is about 1% higher than in South Carolina. Income has been growing faster in Greer (5.9%/yr) than in South Carolina (5.0%/yr).
About 10% of adults in Greer earn six figures ($100,000 or more) a year, about the same as the South Carolina average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Greer, South Carolina grew by 69.1% from 2009 to 2024, reaching $69,843 in 2024. That's an average of about 5.9% per year.
Income Inequality and the Gender Pay Gap in Greer
| Metric | Greer | South Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.528 | 0.547 | 0.552 |
| Male Median Income | $62,727 | $62,655 | $69,667 |
| Female Median Income | $51,924 | $49,387 | $56,850 |
| Gender Pay Gap | 17.2% | 21.2% | 18.4% |
The Gini coefficient measures how evenly income is shared between richer and poorer households, from 0 (everyone earns the same) to 1 (one household earns nearly everything). The lower the number, the more equally income is distributed. In Greer, it is 0.528, lower than South Carolina's 0.547, so income is more evenly distributed here than there, and lower than the US's 0.552, so income is more evenly distributed here than there.
Men's income is about 21% more than women's income in Greer, South Carolina. Over a 35-year career, a 21% wage gap accumulates to roughly $378,105 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Greer, South Carolina has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 32% in 2012, and was narrowest at 6% in 2017. In dollar terms, the gap has widened by $437 since 2009.
Employment
| Metric | Greer | South Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 2.7% | 4.8% | 5.2% |
| Working from Home | 11.8% | 11.5% | 15.0% |
| Commute time (minutes) | 22 | 22 | 22 |
Approximately 427 people are unemployed in Greer, South Carolina.
The average commute time in Greer is 22 minutes, about the same as in South Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Greer, South Carolina has fallen from 8.3% to 2.7% in 2024. Over that period the rate peaked at 9.8% in 2013 and fell as low as 2.4% in 2023.
Greer, SC Wealth Compared With Nearby Cities
How Greer, SC compares with the 2 cities closest to it.
| Area | Population | Median household income | Income growthAverage yearly change in median household income since 2016. Each year is measured in its own dollars, so this is growth before inflation. | Unemployment | Income inequalityGini coefficient: 0 would mean every household earns the same, 1 that a single household earns everything. The lower the number, the more equally income is shared here. |
|---|---|---|---|---|---|
| Greer, SC | 30,854 | $69,843 #3/3 | 5.9%/yr #1/3 | 2.7% #1/3 | 0.528 #3/3 |
| Taylors, SC | 21,768 | $75,063 | 5.2%/yr | 3.8% | 0.509 |
| Wade Hampton, SC | 22,508 | $77,662 | 5.9%/yr | 4.3% | 0.513 |
Conclusion
Considering all these factors, Greer, South Carolina has an overall wealth index grade of C, making it somewhat better than South Carolina, and about on par with the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Greer, South Carolina.
How Rich Is Greer, South Carolina?
Greer has a wealth index grade of C. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a C grade means residents are close to the U.S. average. The median household income is $69,843, about 1% higher than the South Carolina average of $69,383.
How has median household income changed in Greer, South Carolina?
Between 2009 and 2024, the median household income in Greer, South Carolina rose 69%, from $41,305 to $69,843. Over the same years, income here outpaced South Carolina as a whole: +69% against +59%.
What was the median household income in Greer in 2023?
In 2023, the median household income in Greer, South Carolina was $68,501, up 6% from $64,596 in 2022. The South Carolina median that year was $66,973.
What was the median household income in Greer in 2020?
In 2020, the median household income in Greer, South Carolina was $56,136. By 2024 it had risen 24% to $69,843.
How strong is the job market in Greer, South Carolina?
Unemployment in Greer, South Carolina is only 2.7%, well below the South Carolina rate of 4.8%, a sign of a tight labor market where employers compete for workers.
What is the Gini coefficient in Greer, South Carolina?
The Gini coefficient in Greer is 0.528. It measures income inequality on a scale from 0 (everyone earns the same) to 1 (one household earns everything). That is lower than the US average of 0.552, so income is distributed more equally than in the country overall.
How has the income gap between men and women changed in Greer, South Carolina?
Since 2009, the income gap between men and women in Greer, South Carolina has narrowed from about 25% to 17% in 2024. Over that period the gap was widest at 32% in 2012, and was narrowest at 6% in 2017. In dollar terms, the gap has widened by $437 since 2009.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →