Total monthly cost of ownership
Cost to Own a Home in Stateburg, South Carolina
A $221,000 home here costs
$1,826per 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 $78,500 a year.
A standard mortgage calculator would have told you $1,205. The real number is $621 higher every month, 52% more than the payment most buyers budget for.
Compare Sumter County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Stateburg from a five-year rolling sample, and with about 1,859 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 Sumter 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.
Stateburg against Sumter County and South Carolina
| Measure | Stateburg | Sumter County |
|---|---|---|
| Median home value | $220,700 | $159,500 |
| Median property tax | $1,164 | $860 |
| Effective tax rate | 0.527% | 0.539% |
| Median gross rent | $1,680 | $1,006 |
| Population | 1,859 | 104,853 |
The weather behind that power bill
Stateburg sits in Sumter County, which averages a high of 90.2°F in its hottest month and a low of 32.8°F in its coldest, with 48.83" of precipitation a year and 32% of it in a single three-month stretch. That climate drives 1,796 cooling and 2,821 heating degree days, which is what sets the $165 electricity line above.
See the full climate breakdown for Sumter County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sumter County
Full Sumter County cost breakdown · Every county in South Carolina
Talk to someone who works this market
These are Stateburg 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 Stateburg every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Stateburg I already own here and may sell
Common questions
How much does it cost to own a home in Stateburg?
A $221,000 home in Stateburg, South Carolina costs approximately $1,826 per month with 20% down at 7.24%. That is $1,205 principal and interest, $97 property tax, $106 homeowners insurance, $233 utilities and $184 set aside for maintenance.
What is the property tax rate in Stateburg?
Stateburg has an effective property tax rate of 0.527%, based on a median home value of $220,700 and median real estate taxes of $1,164. That is lower than the Sumter County average of 0.539%.
What is the average home price in Stateburg?
The median owner-occupied home value in Stateburg, South Carolina is $220,700, against $159,500 across Sumter County.
Is it cheaper to rent or buy in Stateburg?
Median gross rent in Stateburg is $1,680 a month, against $1,826 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 Stateburg?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Stateburg, South Carolina at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,826 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Stateburg, 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.