What is the median household income in Wellford, SC?
The median household income in Wellford, SC is $57,338 (±$5,036) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,261 a month would take about $50,400 a year at the common guideline of spending no more than 30% of income on rent.
In Wellford, the median household income went from $45,625 in 2015–2019 to $57,338 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $57,338 (±$5,036)
- Median renter income
- $49,475 (±$11,308)
- Income to afford median rent
- about $50,400
Income in Wellford against Spartanburg County, its state and the nation
| Wellford | Spartanburg County | South Carolina | United States | |
|---|---|---|---|---|
| Median household income | $57,338 (±$5,036) | $66,234 (±$1,763) | $69,324 (±$570) | $80,734 |
| Median renter household income | $49,475 (±$11,308) | $42,425 (±$2,359) | $43,796 (±$694) | $52,966 |
| Median owner household income | $57,940 (±$4,735) | $78,281 (±$1,951) | $82,205 (±$598) | $100,009 |
| Median gross rent | $1,261 (±$227) | $1,084 (±$20) | $1,180 (±$9) | $1,413 |
In Wellford, median household income is lower than in Spartanburg County ($66,234).
It is also lower than in South Carolina ($69,324).
It is lower than the national figure ($80,734).
In Spartanburg County, Wellford ranks 9 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 152 of 360.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Wellford
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,261 a month ($15,132 a year) needs an income of about $50,400 a year.
The median renting household in Wellford earns $49,475 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $45,625 (±$9,944) | $57,338 (±$5,036) | +25.7% | No measurable change after inflation |
| Median gross rent | $784 (±$77) | $1,261 (±$227) | +60.8% | Up after inflation |
| Median home value | $106,200 (±$17,781) | $223,000 (±$8,966) | +110.0% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Wellford
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Wellford | — | $57,338 (±$5,036) | — |
| Lyman | 2.0 mi | $75,653 (±$7,423) | Higher |
| Duncan | 3.3 mi | $52,500 (±$29,327) | Not measurably different |
| Fairforest | 4.4 mi | $52,468 (±$35,537) | Not measurably different |
| Arcadia | 5.8 mi | $55,218 (±$10,613) | Not measurably different |
| Inman | 6.1 mi | $63,599 (±$22,192) | Not measurably different |
| Southern Shops | 6.1 mi | $37,754 (±$8,845) | Lower |
| Reidville | 6.4 mi | $120,700 (±$14,095) | Higher |
| Saxon | 7.1 mi | $32,292 (±$9,656) | Lower |
Nearby places with a measurably lower figure: Southern Shops, SC ($37,754), Saxon, SC ($32,292).
Nearby places with a measurably higher figure: Lyman, SC ($75,653), Reidville, SC ($120,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Spartanburg County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 3 | Drayton | $77,813 (±$53,112) |
| 4 | Lyman | $75,653 (±$7,423) |
| 5 | Boiling Springs | $72,068 (±$16,286) |
| 6 | Woodruff | $70,959 (±$12,924) |
| 7 | Mayo | $64,050 (±$21,405) |
| 8 | Inman | $63,599 (±$22,192) |
| 9 | Wellford | $57,338 (±$5,036) |
| 10 | Valley Falls | $55,661 (±$10,819) |
| 11 | Arcadia | $55,218 (±$10,613) |
| 12 | Arkwright | $53,519 (±$9,055) |
| 13 | Duncan | $52,500 (±$29,327) |
| 14 | Fairforest | $52,468 (±$35,537) |
| 15 | Spartanburg | $51,964 (±$4,163) |
Showing 13 of 27 places in Spartanburg County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Wellford
What is the median household income in Wellford?
The median household income in Wellford is $57,338 (±$5,036) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Wellford?
About $50,400 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,261 a month.
Have incomes in Wellford kept up with inflation?
In Wellford, the median household income went from $45,625 in 2015–2019 to $57,338 in 2020–2024 (+25.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Wellford?
The median renting household in Wellford, SC earns $49,475 (±$11,308) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Wellford city, South Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Wellford city, South Carolina
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Wellford city, South Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Wellford city, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Wellford city, South Carolina
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Wellford city, South Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Wellford city, South Carolina (place:75580, in state:45).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Wellford at a glance
- Median rent in Wellford
- Rent by bedrooms in Wellford
- Renters and owners in Wellford
- Home values in Wellford
- Homeowner costs in Wellford
- Property taxes in Wellford
- Types of homes in Wellford
- Bedrooms in Wellford
- Age of homes in Wellford
- Heating fuel in Wellford
- Commute and cars in Wellford
- Crime reported to police in Wellford
- Population growth in Wellford
- How long people stay in Wellford
- South Carolina landlord and tenant rules
- Housing across Spartanburg County
- South Carolina places ranked by median household income
- Housing data for every place in South Carolina