Cost to Own
United StatesSouth CarolinaMarion CountyMullins Population 3,965 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Mullins, South Carolina

A $89,000 home here costs

$835

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

A standard mortgage calculator would have told you $458. The real number is $377 higher every month — 82% more than the payment most buyers budget for.

Mullins median: $89,400
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, $71,200 borrowed $458
Property tax0.633% effective rate for Mullins itself $47
Homeowners insuranceSouth Carolina averages $1,432/yr (NAIC), or 0.578% of home value $43
Electricity16.18¢/kWh — South Carolina residential average, EIA $145
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $74
Total monthly $835

Mullins against Marion County and South Carolina

MeasureMullinsMarion County
Median home value$89,400$86,800
Median property tax$566$397
Effective tax rate0.633%0.457%
Median gross rent$683$663
Population3,96528,900

The weather behind that power bill

Mullins sits in Marion County, which averages a high of 90.5°F in its hottest month and a low of 33.9°F in its coldest, with 49.27" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 1,944 cooling and 2,582 heating degree days, which is what sets the $145 electricity line above.

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

Other cities in Marion County

Full Marion County cost breakdown · Every county in South Carolina

Common questions

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

A $89,000 home in Mullins, South Carolina costs approximately $835 per month with 20% down at 6.66%. That is $458 principal and interest, $47 property tax, $43 homeowners insurance, $213 utilities and $74 set aside for maintenance.

What is the property tax rate in Mullins?

Mullins has an effective property tax rate of 0.633%, based on a median home value of $89,400 and median real estate taxes of $566. That is higher than the Marion County average of 0.457%.

What is the average home price in Mullins?

The median owner-occupied home value in Mullins, South Carolina is $89,400, against $86,800 across Marion County.

Is it cheaper to rent or buy in Mullins?

Median gross rent in Mullins is $683 a month, against $835 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 Mullins — 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