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Friday, November 22, 2024

South Carolina ranked ninth lowest in the U.S. for average income in 2021

Webp santos

Robert L. Santos Director, U.S. Census Bureau | census.gov

Robert L. Santos Director, U.S. Census Bureau | census.gov

South Carolina ranked ninth lowest among U.S. states for average annual earnings per resident, according to data obtained from the U.S. Census Bureau.

With a median income of $30,649 per year after inflation adjustments, South Carolina has a total of 1,976,447 households within its resident population of 5,078,903.

Ranking first place nationwide was Maryland, where residents earn an inflation-adjusted median income of $43,983 annually. This is $13,334 more than what the average South Carolina resident earns. Maryland was home to 2,294,270 households and had a total population of 6,148,545.

At the opposite end of the scale, Mississippi ranked lowest in the U.S. for its inflation-adjusted median income at $26,510 per year - $4,139 less than that of South Carolina. Mississippi was comprised of 1,108,670 households and had a total population of 2,967,023.

South Carolina Median Income Over 5 Years

0$6,000$12,000$18,000$24,000$30,0002021202020192018201730649$30,64928569$28,56927366$27,36626348$26,34825454$25,454

U.S. States Ranked by Annual Earnings Per Resident in 2021:

RankStateEarnings Per Resident
1Maryland$43,983
2Massachusetts$42,076
3New Jersey$41,837
4Connecticut$40,682
5Washington$40,404
6Colorado$40,259
7Minnesota$39,756
8New Hampshire$39,627
9Virginia$39,236
10Hawaii$38,869
11North Dakota$37,861
12New York$37,469
13Alaska$37,368
14Delaware$36,872
15Illinois$36,729
16California$36,281
17Wisconsin$36,247
18Rhode Island$35,705
19Nebraska$35,128
20Vermont$34,798
21Iowa$34,784
22Wyoming$34,678
23Oregon$34,478
24Pennsylvania$34,229
25Kansas$34,153
26Utah$34,103
27South Dakota$33,961
28Nevada$33,832
29Arizona$33,786
30Texas$33,644
31Ohio$32,980
32Maine$32,861
33Indiana$32,716
34Georgia$32,657
35Michigan$32,451
36Missouri$32,362
37North Carolina$31,840
38Montana$31,459
39Florida$31,169
40Tennessee$30,955
41Oklahoma$30,736
42South Carolina$30,649
43Idaho$30,621
44Kentucky$29,523
45Alabama$28,741
46Louisiana$28,462
47New Mexico$28,284
48Arkansas$27,980
49West Virginia$27,302
50Mississippi$26,510

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