Total monthly cost of ownership
Cost to Own a Home in India Hook, South Carolina
A $311,000 home here costs
$2,463per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $105,500 a year.
A standard mortgage calculator would have told you $1,709. The real number is $754 higher every month, 44% more than the payment most buyers budget for.
Compare York County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for India Hook from a five-year rolling sample, and with about 3,794 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 York 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.
India Hook against York County and South Carolina
| Measure | India Hook | York County |
|---|---|---|
| Median home value | $311,400 | $322,700 |
| Median property tax | $1,378 | $1,602 |
| Effective tax rate | 0.443% | 0.496% |
| Median gross rent | $1,189 | $1,304 |
| Population | 3,794 | 288,559 |
The weather behind that power bill
India Hook sits in York County, which averages a high of 89.2°F in its hottest month and a low of 29.5°F in its coldest, with 44.11" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 1,565 cooling and 3,457 heating degree days, which is what sets the $162 electricity line above.
See the full climate breakdown for York County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in York County
Full York County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are India Hook 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 India Hook every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in India Hook I already own here and may sell
Common questions
How much does it cost to own a home in India Hook?
A $311,000 home in India Hook, South Carolina costs approximately $2,463 per month with 20% down at 7.32%. That is $1,709 principal and interest, $115 property tax, $150 homeowners insurance, $230 utilities and $259 set aside for maintenance.
What is the property tax rate in India Hook?
India Hook has an effective property tax rate of 0.443%, based on a median home value of $311,400 and median real estate taxes of $1,378. That is lower than the York County average of 0.496%.
What is the average home price in India Hook?
The median owner-occupied home value in India Hook, South Carolina is $311,400, against $322,700 across York County.
Is it cheaper to rent or buy in India Hook?
Median gross rent in India Hook is $1,189 a month, against $2,463 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 India Hook?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in India Hook, South Carolina at today's rate takes a household income of roughly $105,500 a year. That covers the full $2,463 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for India Hook, 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.