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Richland County Housing Market

South Carolina · 46 counties · Ranked #2173 in home value

Below National Avg

Housing at a Glance

Median Home Value

$224,200

vs national$224,200 vs $281,900 national

Median Gross Rent

$1,185/mo

vs national+$1,185 vs $1,163 national

Effective Tax Rate

0.70%

vs national0.70% vs 1.02% national

Median Household Income

$61,699

vs national$61,699 vs $74,755 national

Affordability Ratio

3.6x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

33.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,569

Tax as % of Home Value

0.70%

Monthly Owner Cost

$1,182

Renter Income

$39,486

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Frequently Asked Questions

What is the median home value in Richland County?

The median home value in Richland County is $224,200. This is below the national median of $281,900.

How much is rent in Richland County?

The median gross rent in Richland County is $1,185 per month.

What is the property tax rate in Richland County?

The effective property tax rate in Richland County is 0.70%. The median annual property tax bill is $1,569.

Is Richland County affordable?

With a home-value-to-income ratio of 3.6x, Richland County is moderately affordable compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.