Counties › South Carolina

Cost of Living in Cherokee County, SC

Population 56,647 · Census ACS 2020–2024 5-year estimates

Median rent$869
Median home value$142,000
Median household income$50,288

The median rent in Cherokee County, SC is $869/month, 26% lower than the South Carolina median and 38% lower than the U.S. median. The median home value is $142,000, 57% lower than the national median. Households earn a median of $50,288 a year, 27% lower than the state median.

Affordability

Rent as a share of median income: 20.7%
Income needed for median rent (30% rule): $34,760/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $718/mo

Run your own numbers: mortgage calculator · hourly to salary

Cherokee County vs. South Carolina vs. U.S.

Cherokee CountySouth CarolinaU.S.
Median rent$869$1,180$1,413
Median home value$142,000$259,000$332,700
Median household income$50,288$69,324$80,734
Homeownership rate73.8%71.9%65.2%
Bachelor's degree or higher18.4%32.1%35.7%
Poverty rate18.4%14.1%12.5%
Unemployment rate6.3%4.9%5.2%
Work from home5.0%11.5%15.1%
Median age40.440.238.9

FAQ

What is the average rent in Cherokee County, SC?

The median gross rent in Cherokee County, SC is $869 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Cherokee County, SC?

Using the common 30% rule, renting a median-priced home takes about $34,760 a year in gross income.

Is Cherokee County, SC expensive to live in?

Rent there is 38% lower than the U.S. median, and the median home costs about 2.8 times the median household income.

Other counties in South Carolina

Greenville County, SCRent $1,262 · Income $76,932Richland County, SCRent $1,228 · Income $63,784Charleston County, SCRent $1,620 · Income $88,494Horry County, SCRent $1,255 · Income $66,880Spartanburg County, SCRent $1,084 · Income $66,234Lexington County, SCRent $1,178 · Income $77,408

Counties with a similar cost of living

Chambers County, ALRent $871 · Income $49,656Lake County, MIRent $875 · Income $50,805Vance County, NCRent $883 · Income $50,465Maverick County, TXRent $859 · Income $49,568Jackson County, FLRent $865 · Income $49,149Pontotoc County, MSRent $864 · Income $51,484

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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