Greenville Boom Draws Buyers Chasing Low Taxes and Jobs

Greenville, South Carolina, is experiencing a significant economic boom, drawing buyers seeking low taxes and abundant job opportunities.

 

Greenville County has become a magnet for individuals and businesses alike, thanks to its favorable tax environment and robust employment market.

 

In 2024, the county attracted nearly $1 billion in new investments, leading to the creation of over 1,300 jobs across various sectors, including manufacturing, healthcare, and technology.

 

This surge underscores Greenville's appeal as a dynamic economic hub.

 

The real estate market reflects this growth, with the average home price in Greenville County reaching approximately $395,000 in 2025, marking a 3.5% year-over-year increase.

 

Despite this rise, the cost of living remains below the national average, making homeownership accessible to many.

 

South Carolina's property taxes are among the lowest in the nation, further enhancing Greenville's attractiveness to prospective homeowners.

 

Additionally, the absence of an estate tax adds to the financial benefits of residing in the area.

 

The tourism sector has also flourished, contributing $2.5 billion to the local economy in 2024.

 

This influx has supported one in every 25 jobs in Greenville County and generated substantial tax revenues, which fund public services and infrastructure projects.

 

Major employers such as BMW, Michelin, and GE Power have established significant operations in the region, providing a stable employment base and attracting a skilled workforce.

 

As Greenville continues to thrive, it stands out as a prime destination for those seeking economic opportunity and a high quality of life.