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Cost of Living in Wade Hampton, SC

Population 20,898 · Census ACS 2020–2024 5-year estimates

Median rent$1,115
Median home value$339,000
Median household income$77,449

The median rent in Wade Hampton, SC is $1,115/month, 6% lower than the South Carolina median and 21% lower than the U.S. median. The median home value is $339,000, about the same as the national median. Households earn a median of $77,449 a year, 12% higher than the state median.

Affordability

Rent as a share of median income: 17.3%
Income needed for median rent (30% rule): $44,600/yr
Home price-to-income ratio: 4.4×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,714/mo

Run your own numbers: mortgage calculator · hourly to salary

Wade Hampton vs. South Carolina vs. U.S.

Wade HamptonSouth CarolinaU.S.
Median rent$1,115$1,180$1,413
Median home value$339,000$259,000$332,700
Median household income$77,449$69,324$80,734
Homeownership rate64.6%71.9%65.2%
Bachelor's degree or higher46.0%32.1%35.7%
Poverty rate7.2%14.1%12.5%
Unemployment rate4.0%4.9%5.2%
Work from home14.3%11.5%15.1%
Median age38.940.238.9

FAQ

What is the average rent in Wade Hampton, SC?

The median gross rent in Wade Hampton, SC is $1,115 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Wade Hampton, SC?

Using the common 30% rule, renting a median-priced home takes about $44,600 a year in gross income.

Is Wade Hampton, SC expensive to live in?

Rent there is 21% lower than the U.S. median, and the median home costs about 4.4 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

Arnold, MORent $1,112 · Income $78,370Tonawanda Town, NYRent $1,102 · Income $77,679Cheyenne, WYRent $1,118 · Income $78,839Perry, GARent $1,132 · Income $76,909Williston, NDRent $1,122 · Income $79,381Medina, OHRent $1,077 · Income $77,385

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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