Summerville, South Carolina Income Statistics
Summerville 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
Summerville Below average
Source: Map AI Methodology
Income Statistics Overview
| Metric | Summerville | South Carolina Avg | US Average |
|---|---|---|---|
| Median Household Income | $75,470 | $69,383 | $80,455 |
| Median Personal Income | $53,752 | $52,934 | $60,758 |
| Average Yearly Income Growth | 4.3% | 5.0% | 4.8% |
| Six-Figure Earners | 10.8% | 10.5% | 13.9% |
| $200k+ Households | 9.0% | 8.9% | 13.2% |
The median household income in Summerville is about 9% higher than in South Carolina. Income has been growing slower in Summerville (4.3%/yr) than in South Carolina (5.0%/yr).
About 11% of adults in Summerville 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 Summerville, South Carolina grew by 44.9% from 2009 to 2024, reaching $75,470 in 2024. That's an average of about 4.3% per year.
Income Inequality and the Gender Pay Gap in Summerville
| Metric | Summerville | South Carolina Avg | US Average |
|---|---|---|---|
| Gini Coefficient | 0.515 | 0.547 | 0.552 |
| Male Median Income | $64,058 | $62,655 | $69,667 |
| Female Median Income | $48,837 | $49,387 | $56,850 |
| Gender Pay Gap | 23.8% | 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 Summerville, it is 0.515, 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 31% more than women's income in Summerville, South Carolina. Over a 35-year career, a 31% wage gap accumulates to roughly $532,735 in unearned income for female workers in the area.
Income by Sex Over Time
Since 2009, the income gap between men and women in Summerville, South Carolina has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 31% in 2010, and was narrowest at 19% in 2020. In dollar terms, the gap has widened by $1,562 since 2009.
Employment
| Metric | Summerville | South Carolina Avg | US Average |
|---|---|---|---|
| Unemployment Rate | 5.7% | 4.8% | 5.2% |
| Working from Home | 11.0% | 11.5% | 15.0% |
| Commute time (minutes) | 27 | 22 | 22 |
Approximately 1,248 people are unemployed in Summerville, South Carolina.
The average commute time in Summerville is 27 minutes, longer than the 22 minutes in South Carolina.
Unemployment Rate Over Time
Since 2011, the unemployment rate in Summerville, South Carolina has fallen from 7.9% to 5.7% in 2024. Over that period the rate peaked at 10.5% in 2014 and fell as low as 4.8% in 2019.
Summerville, SC Wealth Compared With Nearby Cities
How Summerville, SC compares with the 1 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. |
|---|---|---|---|---|---|
| Summerville, SC | 42,751 | $75,470 #1/2 | 4.3%/yr #2/2 | 5.7% #2/2 | 0.515 #1/2 |
| North Charleston, SC | 123,884 | $64,619 | 6.0%/yr | 4.1% | 0.524 |
Conclusion
Considering all these factors, Summerville, 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 Summerville, South Carolina.
How Rich Is Summerville, South Carolina?
Summerville 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 $75,470, about 9% higher than the South Carolina average of $69,383.
How has median household income changed in Summerville, South Carolina?
Between 2009 and 2024, the median household income in Summerville, South Carolina rose 45%, from $52,076 to $75,470. Over the same years, income here lagged behind South Carolina as a whole: +45% against +59%.
What was the median household income in Summerville in 2023?
In 2023, the median household income in Summerville, South Carolina was $72,768, up 5% from $69,536 in 2022. The South Carolina median that year was $66,973.
What was the median household income in Summerville in 2020?
In 2020, the median household income in Summerville, South Carolina was $58,999. By 2024 it had risen 28% to $75,470.
What is the Gini coefficient in Summerville, South Carolina?
The Gini coefficient in Summerville is 0.515. 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 Summerville, South Carolina?
Since 2009, the income gap between men and women in Summerville, South Carolina has narrowed from about 30% to 24% in 2024. Over that period the gap was widest at 31% in 2010, and was narrowest at 19% in 2020. In dollar terms, the gap has widened by $1,562 since 2009.
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