Cost of Living in Oconee County, South Carolina
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Oconee County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Oconee County ranks #1,460 of 3,142 counties for affordability (top 46%)
Sourced county brief
Oconee County Median Home Value Estimated at $237,100
In Oconee County, South Carolina, the median home value was estimated at $237,100, which is $37,367 above the state unweighted county mean of $199,733. The median gross rent in the county was $881 per month, below the state unweighted county mean of $985. Median selected monthly owner costs for all owner-occupied units were $772, while the state unweighted county mean was $791. For renter households, the official ACS B25071 gross rent as a percentage of household income (GRAPI) was 29.5%, which is 1.0 percentage point lower than the state unweighted county mean of 30.5%. Median renter-household income was recorded at $34,146. These statistics are derived from the 2020-2024 5-Year Estimates. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Oconee County
Affordability Verdict
ACS B25071 estimates median gross rent at 29.5% of renter household income in Oconee County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $881 per month; median selected monthly owner costs are $772. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $35,240 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The South Carolina unweighted mean of county median rents is $985 per month. Oconee County's $881 median is 10.5% below that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Oconee County
Rent Burden
16.9%
of gross income
Max Housing (28% Rule)
$1,456
per month
Owner Cost Burden
14.8%
of gross income
The median home in Oconee County may be a stretch
Median home value is $237,100. Estimated monthly cost: $1,893 vs. your max of $1,456.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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