Total monthly cost of ownership
Cost to Own a Home in Clinton, South Carolina
A $155,000 home here costs
$1,289per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $797. The real number is $492 higher every month — 62% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Clinton against Laurens County and South Carolina
| Measure | Clinton | Laurens County |
|---|---|---|
| Median home value | $154,700 | $153,500 |
| Median property tax | $900 | $673 |
| Effective tax rate | 0.582% | 0.438% |
| Median gross rent | $864 | $847 |
| Population | 7,624 | 67,904 |
The weather behind that power bill
Clinton sits in Laurens County, which averages a high of 90.9°F in its hottest month and a low of 30.3°F in its coldest, with 46.71" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,788 cooling and 3,135 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Laurens County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Laurens County
Full Laurens County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Clinton?
A $155,000 home in Clinton, South Carolina costs approximately $1,289 per month with 20% down at 6.66%. That is $797 principal and interest, $75 property tax, $75 homeowners insurance, $213 utilities and $129 set aside for maintenance.
What is the property tax rate in Clinton?
Clinton has an effective property tax rate of 0.582%, based on a median home value of $154,700 and median real estate taxes of $900. That is higher than the Laurens County average of 0.438%.
What is the average home price in Clinton?
The median owner-occupied home value in Clinton, South Carolina is $154,700, against $153,500 across Laurens County.
Is it cheaper to rent or buy in Clinton?
Median gross rent in Clinton is $864 a month, against $1,289 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 Clinton — 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.