Total monthly cost of ownership
Cost to Own a Home in Mullins, South Carolina
A $89,000 home here costs
$883per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $38,000 a year.
A standard mortgage calculator would have told you $485. The real number is $397 higher every month, 82% more than the payment most buyers budget for.
Compare Marion County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Mullins from a five-year rolling sample, and with about 3,965 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 Marion 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.
Mullins against Marion County and South Carolina
| Measure | Mullins | Marion County |
|---|---|---|
| Median home value | $89,400 | $86,800 |
| Median property tax | $566 | $397 |
| Effective tax rate | 0.633% | 0.457% |
| Median gross rent | $683 | $663 |
| Population | 3,965 | 28,900 |
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 $165 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
Talk to someone who works this market
These are Mullins 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 Mullins every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Mullins I already own here and may sell
Common questions
How much does it cost to own a home in Mullins?
A $89,000 home in Mullins, South Carolina costs approximately $883 per month with 20% down at 7.24%. That is $485 principal and interest, $47 property tax, $43 homeowners insurance, $233 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 $883 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 Mullins?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Mullins, South Carolina at today's rate takes a household income of roughly $38,000 a year. That covers the full $883 monthly cost, not just the mortgage payment.
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.