Cost of Living in Florence County, SC

What does it cost to live in Florence County? Income, housing, and affordability breakdown.

Median Income

$56,088

Median Rent

$871/mo

Median Home

$157,400

Affordability

516

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$796
Property Tax$58
Insurance$52

Total Monthly$906
% of Income19.4%

Renting

Median Rent$871
Renter's Insurance$25

Total Monthly$896
% of Income18.6%

Living in Florence County, South Carolina

Florence County has a median household income of $56,088 with housing costs that represent 19.4% of income for owners and 18.6% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 516 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in South Carolina

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.