Total monthly cost of ownership
Cost to Own a Home in Kershaw, South Carolina
A $146,000 home here costs
$1,204per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $751. The real number is $454 higher every month — 60% 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.
Kershaw against Lancaster County and South Carolina
| Measure | Kershaw | Lancaster County |
|---|---|---|
| Median home value | $145,800 | $298,100 |
| Median property tax | $577 | $1,487 |
| Effective tax rate | 0.396% | 0.499% |
| Median gross rent | $893 | $892 |
| Population | 2,220 | 100,905 |
The weather behind that power bill
Kershaw sits in Lancaster County, which averages a high of 90.5°F in its hottest month and a low of 32.0°F in its coldest, with 37.92" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,715 cooling and 3,061 heating degree days, which is what sets the $145 electricity line above.
See the full climate breakdown for Lancaster County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Lancaster County
Full Lancaster County cost breakdown · Every county in South Carolina
Common questions
How much does it cost to own a home in Kershaw?
A $146,000 home in Kershaw, South Carolina costs approximately $1,204 per month with 20% down at 6.66%. That is $751 principal and interest, $48 property tax, $70 homeowners insurance, $213 utilities and $122 set aside for maintenance.
What is the property tax rate in Kershaw?
Kershaw has an effective property tax rate of 0.396%, based on a median home value of $145,800 and median real estate taxes of $577. That is lower than the Lancaster County average of 0.499%.
What is the average home price in Kershaw?
The median owner-occupied home value in Kershaw, South Carolina is $145,800, against $298,100 across Lancaster County.
Is it cheaper to rent or buy in Kershaw?
Median gross rent in Kershaw is $893 a month, against $1,204 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 Kershaw — 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.