Total monthly cost of ownership
Cost to Own a Home in Ninety Six, South Carolina
A $114,000 home here costs
$1,088per 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 $46,500 a year.
A standard mortgage calculator would have told you $622. The real number is $467 higher every month, 75% more than the payment most buyers budget for.
Compare Greenwood County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Ninety Six from a five-year rolling sample, and with about 2,635 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 Greenwood 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.
Ninety Six against Greenwood County and South Carolina
| Measure | Ninety Six | Greenwood County |
|---|---|---|
| Median home value | $114,000 | $166,400 |
| Median property tax | $1,000 | $973 |
| Effective tax rate | 0.877% | 0.585% |
| Median gross rent | $859 | $880 |
| Population | 2,635 | 69,329 |
The weather behind that power bill
Ninety Six sits in Greenwood County, which averages a high of 90.2°F in its hottest month and a low of 31.8°F in its coldest, with 42.01" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 1,676 cooling and 3,048 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Greenwood County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Greenwood County
Full Greenwood County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are Ninety Six 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 Ninety Six every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Ninety Six I already own here and may sell
Common questions
How much does it cost to own a home in Ninety Six?
A $114,000 home in Ninety Six, South Carolina costs approximately $1,088 per month with 20% down at 7.24%. That is $622 principal and interest, $83 property tax, $55 homeowners insurance, $233 utilities and $95 set aside for maintenance.
What is the property tax rate in Ninety Six?
Ninety Six has an effective property tax rate of 0.877%, based on a median home value of $114,000 and median real estate taxes of $1,000. That is higher than the Greenwood County average of 0.585%.
What is the average home price in Ninety Six?
The median owner-occupied home value in Ninety Six, South Carolina is $114,000, against $166,400 across Greenwood County.
Is it cheaper to rent or buy in Ninety Six?
Median gross rent in Ninety Six is $859 a month, against $1,088 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 Ninety Six?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Ninety Six, South Carolina at today's rate takes a household income of roughly $46,500 a year. That covers the full $1,088 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Ninety Six, 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.