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November 29, 2011

Recession by the numbers

Curious what the recession actually did to our area? New Census Bureau numbers out today show at least a partial picture of the impact on income, comparing counties in 2007, before the recession, and in 2010, after it supposedly ended.

One of the most interesting findings for our area? Horry County has fallen behind Georgetown County when it comes to children living in poverty. Before the recession, Horry had a smaller percentage of children living without. But while the downturn hit both counties hard, Horry took the bigger hit, at least in that area, putting us behind Georgetown.

The numbers:

All ages in poverty
South Carolina:         15.1 percent, 2007 ---- 18.1 percent, 2010
Georgetown County:  17.7 percent, 2007 ---- 20.3 percent, 2010
Horry County:            14.0 percent, 2007 ---- 19.5 percent, 2010

Under age 18 in poverty
South Carolina:         21.1 percent, 2007 ---- 26.0 percent, 2010
Georgetown County:  26.5 percent, 2007 ---- 30.7 percent, 2010
Horry County:            23.2 percent, 2007 ---- 32.4 percent, 2010

Ages 5-17 in families in poverty
South Carolina:        19.1 percent, 2007 ---- 23.6 percent, 2010
Georgetown County: 26.4 percent, 2007 ---- 28.0 percent, 2010
Horry County:           20.8 percent, 2007 ---- 31.1 percent, 2010

Median income
South Carolina:        $43,508, 2007 ---- $42,117, 2010
Georgetown County: $41,421, 2007 ---- $38,340, 2010
Horry County:           $42,960, 2007 ---- $40,697, 2010  

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