The typical owner-occupied home in Moncks Corner is worth about $333,200, 29% above the South Carolina median of $259,000 and about the same as the national median of $332,700. Owners pay a median $1,805 a year in property taxes, about 0.54% of their home's value, higher than the South Carolina rate of 0.48%. The median household earns $91,500 a year, so the median home costs 3.6 times the median income (3.7 times for South Carolina). 74% of occupied homes here are lived in by their owners, and 78% of those owners still have a mortgage.
Moncks Corner at a glance
| Moncks Corner | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $333,200 | $259,000 | $332,700 |
| Median property tax paid per year | $1,805 | $1,251 | $3,119 |
| Property tax as a share of value | 0.54% | 0.48% | 0.94% |
| Median household income | $91,500 | $69,324 | $80,734 |
| Homes lived in by their owners | 74% | 72% | 65% |
| Owner homes with a mortgage | 78% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,812 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 19.7% | 19.7% | 21.0% |
| Median rent | $1,307 | $1,180 | $1,413 |
| Rent as a share of renters' income | 34.9% | 31.1% | 30.6% |
| Median year homes were built | 2007 | 1992 | 1980 |
| Vacant homes | 5.3% | 13.3% | 10.1% |
| Population | 15,485 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Moncks Corner
At this week's average 30-year rate of 7.11%, buying the median Moncks Corner home of $333,200 with 20% down costs about $2,082 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,637, 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 $89,226 for the 20%-down payment. That payment is 27% of the median Moncks Corner household income of $91,500; at that income and 20% down, the 28% guideline points to a home of about $342,000.
The median rent here is $1,307 a month, so owning the median home costs about $775 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $66,640 |
|---|---|
| Loan amount | $266,560 |
| Principal and interest | $1,793 |
| Property taxes (0.54% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| PMI | $0 |
| Total per month | $2,082 |
Change the numbers in the calculator
| Down payment | $11,662 |
|---|---|
| Loan amount | $327,165 |
| Principal and interest | $2,201 |
| Property taxes (0.54% a year) | $150 |
| Homeowners insurance (our estimate, 0.5% a year) | $139 |
| FHA mortgage insurance | $147 |
| Total per month | $2,637 |
Change the numbers in the calculator
Questions about home buying in Moncks Corner
What is the median home value in Moncks Corner?
About $333,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Moncks Corner?
Homeowners pay a median $1,805 a year, which is about 0.54% 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 Moncks Corner?
For the median home with 20% down at 7.11%, the payment is about $2,082 a month. Keeping that under 28% of gross income takes about $89,226 a year.
More about Moncks Corner
- Mortgage Refinance in Moncks Corner
- Debt Relief in Moncks Corner
- Home Equity Loans in Moncks Corner
- 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