Cost of Living in McCormick County, South Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How McCormick County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
McCormick County ranks #641 of 3,144 counties for affordability (top 20%)
Data Story
About Cost of Living in McCormick County, South Carolina
McCormick punches above its weight
McCormick County's rent-to-income ratio of 14.4% is among the best in South Carolina, falling well below both the state average of 20.1% and the national norm. Median household income of $55,344 is respectable for rural South Carolina, and $666/month rent creates genuine affordability relief.
McCormick leads affordability rankings
McCormick ranks among South Carolina's most affordable counties with a 14.4% rent-to-income ratio, bolstered by solid median income and modest rents. The county's $159,000 median home value is accessible for homebuyers earning $55,344.
McCormick outpaces Pee Dee peers
While Marion ($34,501) and Marlboro ($36,293) struggle with thin incomes, McCormick households earn $55,344, creating a $19,000+ advantage in absolute income. Rents across all three counties are comparable ($663–$686), but McCormick's income cushion makes housing genuinely affordable.
Homeownership advantage clear
McCormick renters pay $666/month while homeowners spend $601/month on a median home worth $159,000. With income of $55,344, housing consumes just 14.4% of rent-paying households' income—the healthiest ratio among peer counties.
McCormick: rural affordability winner
If you're seeking true affordability in South Carolina's interior, McCormick delivers: low rents, reasonable home values, and income levels that make housing genuinely accessible. The county's proximity to larger employment hubs makes it an ideal base for remote or commuting workers.
Cost of Living Advisory: McCormick County
Affordability Verdict
Housing in McCormick County is affordable. The median rent is $666/month against a median household income of $55,344, putting rent at 14.4% of income.
Rent vs. Own
At $666/month rent versus $601/month in owner costs, owning is roughly $65/month cheaper — a 10% difference.
Income Needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $26,640/year. For owner costs at the 28% rule, the required income is roughly $25,757/year. With a median household income of $55,344, most households can comfortably afford rent here. Notably, 25.0% of renter households in McCormick County are cost-burdened, spending more than 30% of income on housing.
Regional Context
McCormick County sits 9% less expensive than Clarendon County ($728/month) in terms of median gross rent.
Affordability Calculator
See how your income compares to housing costs in McCormick County
Rent Burden
14.4%
of gross income
Max Housing (28% Rule)
$1,291
per month
Owner Cost Burden
13.0%
of gross income
You can likely afford the median home in McCormick County
Median home value is $159,000. Estimated monthly cost: $1,269 vs. your max of $1,291.
Rent Affordability Guide
Income Needed Calculator
See how much you need to earn to comfortably afford housing
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
$0/yr
Needed to stay within recommended threshold
Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
What is the cost of living in McCormick County, South Carolina?
What is the median rent in McCormick County?
Is McCormick County affordable?
How does McCormick County's rent compare to the state average?
What is the median home value in McCormick County?
Counties with Similar Housing Costs
Planning a Move?
Researching the cost of living in McCormick County, South Carolina? Compare moving quotes from top providers and save on your relocation.
Compare Moving QuotesCompare Mortgage Rates in McCormick County
Whether you're buying your first home or refinancing, compare rates from top lenders to find the best deal.
See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.
CostByCounty participates in affiliate programs. We may earn a commission when you use our links, at no extra cost to you.