Newberry County, South Carolina Income Statistics
Newberry County Wealth Score
The wealth index reflects the overall economic prosperity and financial well-being of a county's residents based on income levels, employment rates, and income inequality metrics.
-
D
Newberry County Well below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Newberry County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $62,057 | $69,383 | $80,455 |
| Median Personal Income | $46,417 | $52,934 | $60,758 |
| Average Yearly Income Growth | 5.7% | 5.0% | 4.8% |
| Six-Figure Earners | 7.0% | 10.5% | 13.9% |
| $200k+ Households | 4.1% | 8.9% | 13.2% |
The median household income in Newberry County is about 11% lower than in South Carolina. Income has been growing faster in Newberry County (5.7%/yr) than in South Carolina (5.0%/yr).
About 7% of adults in Newberry County earn six figures ($100,000 or more) a year, lower than the South Carolina average of 11%.
Median Household Income 2009–2024 Trend
Median Household Income Over Time
Median household income in Newberry County, South Carolina grew by 51.1% from 2009 to 2024, reaching $62,057 in 2024. That's an average of about 5.7% per year.
Income Inequality and the Gender Pay Gap in Newberry County
| Metric | Newberry County | South Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.539 | 0.547 | 0.552 |
| Male Median Income | $51,238 | $62,655 | $69,667 |
| Female Median Income | $46,099 | $49,387 | $56,850 |
| Gender Pay Gap | 10.0% | 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 Newberry County, it is 0.539, 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 11% more than women's income in Newberry County, South Carolina. Over a 35-year career, a 11% wage gap accumulates to roughly $179,865 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Newberry County, South Carolina has narrowed from about 25% to 10% in 2024. Over that period the gap was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $4,254 since 2009.
Employment
| Metric | Newberry County | South Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 4.4% | 4.8% | 5.2% |
| Working from Home | 5.3% | 11.5% | 15.0% |
| Commute time (minutes) | 21 | 22 | 22 |
Approximately 782 people are unemployed in Newberry County, South Carolina.
The average commute time in Newberry County is 21 minutes, shorter than the 22 minutes in South Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Newberry County, South Carolina has fallen from 9.3% to 4.4% in 2024. Over that period the rate peaked at 11.3% in 2013 and fell as low as 3.6% in 2023.
Newberry County, SC Wealth Compared With Nearby Counties
Newberry County, SC is the 3rd largest of the 6 counties compared here, 38,435 residents against a local median of 26,885. Where Newberry County, SC breaks from the counties next to it is income growth, sitting 39% above the local median of 4.1%/yr at 5.7%/yr. That is the better end of the local range on this measure.
Median household income tells the same story from another angle: $62,057 against a local median of $51,188, 21% above it. Every measure here with a clear better direction points the same way, so Newberry County, SC is not trading one advantage for another, it reads stronger than its neighbours across the board. The counties themselves spread 2.6%/yr on income growth, so Newberry County, SC sits at one end of an already wide local range rather than apart from it. Newberry County, SC has the highest income growth of the 6 areas compared here.
| 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. |
|---|---|---|---|---|---|
| Newberry County, SC | 38,435 | $62,057 #2/6 | 5.7%/yr #1/6 | 4.4% #3/6 | 0.539 #5/6 |
| Saluda County, SC | 19,141 | $51,188 | 2.7%/yr | 3.2% | 0.541 |
| Union County, SC | 26,885 | $41,432 | 2.2%/yr | 7.9% | 0.528 |
| Laurens County, SC | 68,664 | $57,581 | 4.8%/yr | 4.5% | 0.535 |
| Fairfield County, SC | 20,550 | $47,611 | 4.4%/yr | 5.5% | 0.529 |
| Lexington County, SC | 304,957 | $77,064 | 4.1%/yr | 4.4% | 0.523 |
Conclusion
Considering all these factors, Newberry County, South Carolina has an overall wealth index grade of D, making it about on par with South Carolina, and somewhat worse than the country as a whole.
Frequently Asked Questions
Common questions about income and wealth in Newberry County, South Carolina.
How Rich Is Newberry County, South Carolina?
Newberry County has a wealth index grade of D. The wealth index grades areas from A+ (best) to F- by combining income levels, employment rates, and income inequality; a D grade means residents are somewhat worse off than the U.S. average. The median household income is $62,057, about 11% lower than the South Carolina average of $69,383.
How has median household income changed in Newberry County, South Carolina?
Between 2009 and 2024, the median household income in Newberry County, South Carolina rose 51%, from $41,077 to $62,057. Over the same years, income here lagged behind South Carolina as a whole: +51% against +59%.
What was the median household income in Newberry County in 2023?
In 2023, the median household income in Newberry County, South Carolina was $59,526, up 6% from $55,909 in 2022. The South Carolina median that year was $66,973.
What was the median household income in Newberry County in 2020?
In 2020, the median household income in Newberry County, South Carolina was $46,360. By 2024 it had risen 34% to $62,057.
What is the Gini coefficient in Newberry County, South Carolina?
The Gini coefficient in Newberry County is 0.539. 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 Newberry County, South Carolina?
Since 2009, the income gap between men and women in Newberry County, South Carolina has narrowed from about 25% to 10% in 2024. Over that period the gap was narrowest at 7% in 2023. In dollar terms, the gap has narrowed by $4,254 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 →