South Carolina Economic Overview
Key economic indicators for South Carolina (SC). Population: 5,118,425.
Unemployment Rate
3.1%
Below national avg (~4.2%)
Median Annual Wage
$47,000
Source: Census ACS / BLS
Wage Growth (YoY)
+3.5%
Year-over-year change
Population
5.1M
Source: 2020 Census
About the South Carolina Economy
South Carolina has an unemployment rate of 3.1%, which is below the national average. The median annual wage is $47,000, with wages growing at 3.5% year-over-year. With a population of 5,118,425, South Carolina is the a mid-size state economy in the U.S.