Spartanburg SC has a population of about 37,000 people, and is located in Spartanburg County. Spartanburg County has a population of 284,792.
Welcome to this week’s Carolina Blog!
For the last few weeks (okay…several weeks), we’ve been exploring the various small and large cities in North Carolina and South Carolina ranked on the Annual Best Places for Business and Careers.
We’re taking a closer look at each of these cities one by one, so you can see what they offer, and why Forbes included them on their lists.
As I said, this week, we are exploring the lovely city of Spartanburg South Carolina.
Since 2001, more than $170 million has been invested in the local economy, through a variety of Initiatives and city projects.
This SC Upstate Best Place has focused on improving traffic flow, creating additional housing for elderly citizens, and bringing in additional entertainment options.
Investing in Spartanburg has definitely paid off, as it continues to grow and earn national recognition.
On the Annual Best Places for Business and Careers, Spartanburg SC ranks at 100 overall. The list used a number of metrics to determine where cities fall in terms of the cost of doing business, education, and job growth. Out of 200 large cities ranked they were smack in the middle. Not to bad.
Spartanburg South Carolina ranks #81 in the cost of doing business. This means it could be a good place for someone who wants to start his or her own business.
Even those who are coming to Spartanburg South Carolina to retire could still run a small business on the side to generate additional income.
Spartanburg ranks #170 in education. 81.8% of residents have a high school diploma. 20.7% of residents have obtained some sort of college education, while 8.2% of residents have obtained a graduate degree.
As far as jobs and the job growth, Spartanburg ranks #112. Still not a bad ranking. Its major industries are healthcare, automobile manufacturing, and hospitality. Of the job opportunities available in the area, 1.3% of them fall into the “high-tech” category.
With 5.0% job growth in 2012, and a 2.2% projected annual job growth rate, and only a 7.8% unemployment rate, Spartanburg likely won’t make it to the top of the list for this factor any time soon, but results look promising.
As job growth continues to increase, the unemployment rate will fall gradually.
Spartanburg is home to J M Smith Corporation headquarters, first founded in 1944. The company is in the health care equipment and services industry, where it produces about $2.48 billion in revenue as of November 2012.
It ranks in at #184 on Forbes’ America’s Largest Private Companies list. With 1,052 employees, it is a main fixture in the Spartanburg SC Upstate Best Place local economy.
The economy of Spartanburg definitely benefits from the BMW manufacturing facility which employs over 7,000 workers. Additionally, Spartanburg is home to the world headquarters and research facility for Milliken & Company. Milliken is one of the largest privately held textile and chemical manufacturers in the world.
Other major employers in Spartanburg include:
- Spartanburg Region Medical Center: 5,000 employees
- Adidas Group: 1,800 employees
- Michelin North America, Inc.: 1,500 employees
- Sylvan Chemical Company, Inc.: 1,500 employees
As you can see Spartanburg SC has more than one or two big hitters calling it home.
The cost of living falls at 8.2% which is lower than the national average, meaning Spartanburg is an affordable option for a place to live. The median household income is $42,034. The median home price is $121,600. Overall, Spartanburg is a very affordable place to live.
One of the biggest advantages of Spartanburg is where it is located. The SC Upstate Best Place to live of Greenville is only 35 miles west.
Spartanburg is home to beautiful mountain scenery. And, it enjoys a great climate. With about six inches of average annual snowfall and an average of 226 days sunshine, it is the perfect place for someone who wants to enjoy the cooler weather, without having to give up the sun.
Only about an hour’s drive from the amazing mountains of Western North Carolina. Come for a visit, and you may find your Carolina’s Best Place to Live!
Come see for yourself….What Makes Spartanburg SC Upstate Best Place To Live!
Much work to do. Have a great week and I’ll see you soon!
South Carolina Upstate Best Places To Live GuideSave Money When You Move To Upstate South Carolina
Bob Bencivenga is a professional site locator and location analyst for major corporations. Bob researches the growth of NC and SC to find the Best Places to Retire or Relocate that are still affordable.
Bob Does Not Sell Real Estate!
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