Income & Economy in McCormick, SC

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$40,269

-45% vs national

Per Capita Income

$15,592

-58% vs national

Poverty Rate

25.6%

+89% vs national

Gini Index

0.4842

0 = perfect equality

Unemployment

3.5%

-32% vs national

SNAP Recipients

28.4%

of households

How McCormick Compares

Source: Census ACS (2023)

McCormick vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. McCormick is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in McCormick. The median household income here is $40,269.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
39.8%
$25-50K
22.1%
$50-75K
17.7%
$75-100K
9.7%
$100-150K
8.6%
$150-200K
1.7%
$200K+
0.4%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

3.5%

-42% vs SC avg

Labor Force

597

Employed

576

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

6.9%

of adults 25+

High School Diploma+

40.7%

of adults 25+

Median Age

45.7

Work from Home

4.3%

of workers

The median household income in McCormick, SC is $40,269, which is 45.0% below the national average of $73,224. Per capita income is $15,592. The poverty rate of 25.6% is higher than the SC state average of 19.1%. The Gini index of income inequality is 0.4842, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 3.5%, compared to the state average of 6.1%. 6.9% of adults hold a bachelor's degree or higher.