Cost to Own
United StatesSouth CarolinaBeaufort CountyBurton Population 7,132 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Burton, South Carolina

A $198,000 home here costs

$1,584

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $1,018. The real number is $566 higher every month — 56% more than the payment most buyers budget for.

Burton median: $198,300
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $158,400 borrowed $1,018
Property tax0.558% effective rate for Burton itself $92
Homeowners insuranceSouth Carolina averages $1,432/yr (NAIC), or 0.578% of home value $95
Electricity16.18¢/kWh — South Carolina residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $165
Total monthly $1,584

Burton against Beaufort County and South Carolina

MeasureBurtonBeaufort County
Median home value$198,300$407,600
Median property tax$1,106$2,022
Effective tax rate0.558%0.496%
Median gross rent$1,281$1,484
Population7,132192,123

The weather behind that power bill

Burton sits in Beaufort County, which averages a high of 91.8°F in its hottest month and a low of 40.1°F in its coldest, with 45.02" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 2,570 cooling and 1,732 heating degree days, which is what sets the $145 electricity line above.

See the full climate breakdown for Beaufort County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Beaufort County

Full Beaufort County cost breakdown · Every county in South Carolina

Common questions

How much does it cost to own a home in Burton?

A $198,000 home in Burton, South Carolina costs approximately $1,584 per month with 20% down at 6.66%. That is $1,018 principal and interest, $92 property tax, $95 homeowners insurance, $213 utilities and $165 set aside for maintenance.

What is the property tax rate in Burton?

Burton has an effective property tax rate of 0.558%, based on a median home value of $198,300 and median real estate taxes of $1,106. That is higher than the Beaufort County average of 0.496%.

What is the average home price in Burton?

The median owner-occupied home value in Burton, South Carolina is $198,300, against $407,600 across Beaufort County.

Is it cheaper to rent or buy in Burton?

Median gross rent in Burton is $1,281 a month, against $1,584 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Burton — 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.

Full methodology