Total monthly cost of ownership
Cost to Own a Home in Andrews, South Carolina
A $111,000 home here costs
$1,072per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $46,000 a year.
A standard mortgage calculator would have told you $605. The real number is $467 higher every month, 77% more than the payment most buyers budget for.
Compare Georgetown County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Andrews from a five-year rolling sample, and with about 2,558 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Georgetown County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Andrews against Georgetown County and South Carolina
| Measure | Andrews | Georgetown County |
|---|---|---|
| Median home value | $111,400 | $262,300 |
| Median property tax | $1,054 | $1,117 |
| Effective tax rate | 0.946% | 0.426% |
| Median gross rent | $1,012 | $1,166 |
| Population | 2,558 | 64,200 |
Andrews extends across 2 counties. Figures here use Georgetown County, where most of its housing sits.
The weather behind that power bill
Andrews sits in Georgetown County, which averages a high of 91.1°F in its hottest month and a low of 37.0°F in its coldest, with 55.43" of precipitation a year and 37% of it in a single three-month stretch. That climate drives 2,244 cooling and 2,191 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Georgetown County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Georgetown County
Full Georgetown County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are Andrews averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Andrews every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Andrews I already own here and may sell
Common questions
How much does it cost to own a home in Andrews?
A $111,000 home in Andrews, South Carolina costs approximately $1,072 per month with 20% down at 7.24%. That is $605 principal and interest, $88 property tax, $53 homeowners insurance, $233 utilities and $93 set aside for maintenance.
What is the property tax rate in Andrews?
Andrews has an effective property tax rate of 0.946%, based on a median home value of $111,400 and median real estate taxes of $1,054. That is higher than the Georgetown County average of 0.426%.
What is the average home price in Andrews?
The median owner-occupied home value in Andrews, South Carolina is $111,400, against $262,300 across Georgetown County.
Is it cheaper to rent or buy in Andrews?
Median gross rent in Andrews is $1,012 a month, against $1,072 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Andrews?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Andrews, South Carolina at today's rate takes a household income of roughly $46,000 a year. That covers the full $1,072 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Andrews, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for South Carolina.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.