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Cost of Living in Carolina Forest, SC

Population 26,263 · Census ACS 2020–2024 5-year estimates

Median rent$1,668
Median home value$336,800
Median household income$74,436

The median rent in Carolina Forest, SC is $1,668/month, 41% higher than the South Carolina median and 18% higher than the U.S. median. The median home value is $336,800, about the same as the national median. Households earn a median of $74,436 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 26.9%
Income needed for median rent (30% rule): $66,720/yr
Home price-to-income ratio: 4.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,703/mo

Run your own numbers: mortgage calculator · hourly to salary

Carolina Forest vs. South Carolina vs. U.S.

Carolina ForestSouth CarolinaU.S.
Median rent$1,668$1,180$1,413
Median home value$336,800$259,000$332,700
Median household income$74,436$69,324$80,734
Homeownership rate69.6%71.9%65.2%
Bachelor's degree or higher35.5%32.1%35.7%
Poverty rate13.0%14.1%12.5%
Unemployment rate6.5%4.9%5.2%
Work from home10.5%11.5%15.1%
Median age40.340.238.9

FAQ

What is the average rent in Carolina Forest, SC?

The median gross rent in Carolina Forest, SC is $1,668 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Carolina Forest, SC?

Using the common 30% rule, renting a median-priced home takes about $66,720 a year in gross income.

Is Carolina Forest, SC expensive to live in?

Rent there is 18% higher than the U.S. median, and the median home costs about 4.5 times the median household income.

Other cities in South Carolina

Charleston, SCRent $1,722 · Income $92,414Columbia, SCRent $1,204 · Income $55,529North Charleston, SCRent $1,430 · Income $62,956Mount Pleasant, SCRent $2,159 · Income $124,755Rock Hill, SCRent $1,341 · Income $68,771Greenville, SCRent $1,312 · Income $71,472

Cities with a similar cost of living

Dunedin, FLRent $1,675 · Income $74,477St. Petersburg, FLRent $1,663 · Income $75,192Lynwood, CARent $1,652 · Income $74,844Port Orange, FLRent $1,634 · Income $74,426Bremerton, WARent $1,641 · Income $74,940Victorville, CARent $1,618 · Income $74,410

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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