Post Tagged with: "Prosperity"

NEWS: Incomes improve in S.C., but prosperity elusive, experts say

NEWS: Incomes improve in S.C., but prosperity elusive, experts say

By Lindsay Street, Statehouse correspondent  |  The median household income in South Carolina is on the rise but policy experts say there is more the state can do to help make prosperity more accessible to its residents.  Many are just one paycheck or a medical event away from not being able to pay bills.

“There are lots of folks who are absolutely struggling in the state,” said Sue Berkowitz, director of S.C. Appleseed Legal Justice Center, which advocates for the state’s low-income earners.

According to a new report from the Census Bureau, South Carolina’s 2016 median household income was $49,501, which is about $2,000 more than the previous year.  More than 40 percent of S.C. family households earn less than $49,999 per year, the Census said.  But experts say …

by · 09/22/2017 · News
BRIEFS: South Carolina’s failing grade plus a great digital resource

BRIEFS: South Carolina’s failing grade plus a great digital resource

The Palmetto State’s low jobless rate and huge economic development victories over the years haven’t been enough for it to escape being named the nation’s worst on jobs and business, according to a new Prosperity Now scorecard.

More than one-third of jobs in the state pay less than $24,250 per year, and the average annual pay in the state is $46,411, the report said.. The data earned the state an “F”.

The Prosperity Now scorecard gave South Carolina an F grade based on 60 outcome measures from savings and graduation rates to homeownership and health care.