Cheap Homes For Sale in Rock Hill SC | Zillow (2024)

FAQs

How much do you need to make to live in Rock Hill SC? ›

A good salary in Rock Hill, SC is anything over $45,000. That's because the median income in Rock Hill is $45,000, which means if you earn more than that you're earning more than 50% of the people living in Rock Hill. The average salary in Rock Hill is $53,075. A good hourly wage in Rock Hill is $21.63 per hour.

The median home price in Rock Hill is $346,250 with a median price per sqft of $193. The cost of living index for housing estimates the cost of housing in Rock Hill to be 77.8% of the national average. This makes it one of the least expensive cities in the US.

The combination of its geographic location, seasonal economy, ample housing inventory, economic diversity, lower property taxes, and relaxed zoning regulations all contribute to making real estate more affordable in this picturesque coastal city.

The South Carolina minimum wage follows the federal minimum wage rate of $7.25 per hour.

According to the Living Wage Calculator, a single person in South Carolina needs to earn approximately $16.73 per hour, or $34,806 annually, to meet their basic needs. For a family of four with one adult working, the living wage increases to $36.52 per hour or $75,964 annually.

Rock Hill Demographics

White: 54.72% Black or African American: 38.22% Two or more races: 3.9% Asian: 1.58%

Spartanburg is one of the best places to retire in South Carolina. It is a beautiful city with a lot to offer retirees. There are plenty of activities to keep retirees busy, including golf, tennis, and hiking. The cost of living is also very affordable, which makes it a great place to retire on a budget.

In most cases, building a house in South Carolina is cheaper if you own the land. You will bear only the cost of building the home. Plus, you can customize your home to your requirements!

Let's see exactly how they stack up. It's about 14% less expensive to live in South Carolina overall. This is due to more affordable housing and overall lower taxes. But North Carolina's property taxes are lower and healthcare-related expenses are too.

Is it a good time to buy a house in South Carolina? ›

Is it a buyer's or seller's market in South Carolina? It is considered a seller's market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.8%, making the average house payment $2,541, which is $53 lower than a year before.

The average household income in Rock Hill is $80,609 with a poverty rate of 12.96%. The median age in Rock Hill is 34.5 years: 33.5 years for males, and 35.7 years for females.

For a full 30 years of retirement, a person living in the state would need a minimum of $989,658 — for 25 years, the total cost is a minimum of $823,890, the study adds. Retirement costs in South Carolina may seem like a lot to many, but they're just a fraction of what you'd need to spend in many other states.

South Carolina Income Statistics

Median Household Income: $63,623. Average Household Income: $88,488. Per Capita Income: $36,072. 7.4% of Households in South Carolina are High Income Households that make over $200,000 a year.

Rock Hill is in York County and is one of the best places to live in South Carolina. Living in Rock Hill offers residents a dense suburban feel and most residents own their homes. In Rock Hill there are a lot of parks. Many families and young professionals live in Rock Hill and residents tend to lean liberal.