The typical owner-occupied home in Spartansburg is worth about $95,000, 63% below the Pennsylvania median of $254,500 and 71% below the national median of $332,700. Owners pay a median $878 a year in property taxes, about 0.92% of their home's value, lower than the Pennsylvania rate of 1.30%. The median household earns $59,167 a year, so the median home costs 1.6 times the median income (3.3 times for Pennsylvania). 81% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Spartansburg at a glance
| Spartansburg | Pennsylvania | U.S. | |
|---|---|---|---|
| Median home value | $95,000 | $254,500 | $332,700 |
| Median property tax paid per year | $878 | $3,311 | $3,119 |
| Property tax as a share of value | 0.92% | 1.30% | 0.94% |
| Median household income | $59,167 | $77,971 | $80,734 |
| Homes lived in by their owners | 81% | 69% | 65% |
| Owner homes with a mortgage | 57% | 58% | 61% |
| Median monthly costs, owners with a mortgage | $1,149 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 19.0% | 19.4% | 21.0% |
| Median rent | $781 | $1,209 | $1,413 |
| Rent as a share of renters' income | 18.3% | 29.2% | 30.6% |
| Median year homes were built | 1938 | 1965 | 1980 |
| Vacant homes | 14.7% | 9.2% | 10.1% |
| Population | 378 | 13,018,639 | 334,922,499 |
What a typical home costs per month in Spartansburg
At this week's average 30-year rate of 7.11%, buying the median Spartansburg home of $95,000 with 20% down costs about $624 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $782, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $26,729 for the 20%-down payment. That payment is 13% of the median Spartansburg household income of $59,167; at that income and 20% down, the 28% guideline points to a home of about $210,000.
The median rent here is $781 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $19,000 |
|---|---|
| Loan amount | $76,000 |
| Principal and interest | $511 |
| Property taxes (0.92% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| PMI | $0 |
| Total per month | $624 |
Change the numbers in the calculator
| Down payment | $3,325 |
|---|---|
| Loan amount | $93,279 |
| Principal and interest | $628 |
| Property taxes (0.92% a year) | $73 |
| Homeowners insurance (our estimate, 0.5% a year) | $40 |
| FHA mortgage insurance | $42 |
| Total per month | $782 |
Change the numbers in the calculator
Questions about home buying in Spartansburg
What is the median home value in Spartansburg?
About $95,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spartansburg?
Homeowners pay a median $878 a year, which is about 0.92% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Spartansburg?
For the median home with 20% down at 7.11%, the payment is about $624 a month. Keeping that under 28% of gross income takes about $26,729 a year.
More about Spartansburg
- Mortgage Refinance in Spartansburg
- Debt Relief in Spartansburg
- Home Equity Loans in Spartansburg
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data