Counties › South Carolina

Cost of Living in Newberry County, SC

Population 38,435 · Census ACS 2020–2024 5-year estimates

Median rent$872
Median home value$173,300
Median household income$61,780

The median rent in Newberry County, SC is $872/month, 26% lower than the South Carolina median and 38% lower than the U.S. median. The median home value is $173,300, 48% lower than the national median. Households earn a median of $61,780 a year, 11% lower than the state median.

Affordability

Rent as a share of median income: 16.9%
Income needed for median rent (30% rule): $34,880/yr
Home price-to-income ratio: 2.8×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $876/mo

Run your own numbers: mortgage calculator · hourly to salary

Newberry County vs. South Carolina vs. U.S.

Newberry CountySouth CarolinaU.S.
Median rent$872$1,180$1,413
Median home value$173,300$259,000$332,700
Median household income$61,780$69,324$80,734
Homeownership rate73.1%71.9%65.2%
Bachelor's degree or higher23.1%32.1%35.7%
Poverty rate17.4%14.1%12.5%
Unemployment rate4.4%4.9%5.2%
Work from home5.3%11.5%15.1%
Median age41.940.238.9

FAQ

What is the average rent in Newberry County, SC?

The median gross rent in Newberry County, SC is $872 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $34,880 a year in gross income.

Is Newberry 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

Meigs County, TNRent $875 · Income $61,375Silver Bow County, MTRent $863 · Income $61,754Floyd County, VARent $878 · Income $62,191Bay County, MIRent $860 · Income $61,763Jefferson County, IARent $883 · Income $61,620Scott County, MORent $873 · Income $62,782

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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