The typical owner-occupied home in North Charleston is worth about $302,200, 17% above the South Carolina median of $259,000 and 9% below the national median of $332,700. Owners pay a median $1,527 a year in property taxes, about 0.51% of their home's value, close to the South Carolina rate of 0.48%. The median household earns $62,956 a year, so the median home costs 4.8 times the median income (3.7 times for South Carolina). 50% of occupied homes here are lived in by their owners, and 67% of those owners still have a mortgage.
North Charleston at a glance
| North Charleston | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $302,200 | $259,000 | $332,700 |
| Median property tax paid per year | $1,527 | $1,251 | $3,119 |
| Property tax as a share of value | 0.51% | 0.48% | 0.94% |
| Median household income | $62,956 | $69,324 | $80,734 |
| Homes lived in by their owners | 50% | 72% | 65% |
| Owner homes with a mortgage | 67% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,652 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 22.1% | 19.7% | 21.0% |
| Median rent | $1,430 | $1,180 | $1,413 |
| Rent as a share of renters' income | 32.3% | 31.1% | 30.6% |
| Median year homes were built | 1996 | 1992 | 1980 |
| Vacant homes | 10.2% | 13.3% | 10.1% |
| Population | 119,913 | 5,296,225 | 334,922,499 |
What a typical home costs per month in North Charleston
At this week's average 30-year rate of 7.11%, buying the median North Charleston home of $302,200 with 20% down costs about $1,881 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,384, 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 $80,601 for the 20%-down payment. That payment is 36% of the median North Charleston household income of $62,956; at that income and 20% down, the 28% guideline points to a home of about $236,000.
The median rent here is $1,430 a month, so owning the median home costs about $451 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $60,440 |
|---|---|
| Loan amount | $241,760 |
| Principal and interest | $1,626 |
| Property taxes (0.51% a year) | $128 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| PMI | $0 |
| Total per month | $1,881 |
Change the numbers in the calculator
| Down payment | $10,577 |
|---|---|
| Loan amount | $296,726 |
| Principal and interest | $1,996 |
| Property taxes (0.51% a year) | $128 |
| Homeowners insurance (our estimate, 0.5% a year) | $126 |
| FHA mortgage insurance | $134 |
| Total per month | $2,384 |
Change the numbers in the calculator
Questions about home buying in North Charleston
What is the median home value in North Charleston?
About $302,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Charleston?
Homeowners pay a median $1,527 a year, which is about 0.51% 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 North Charleston?
For the median home with 20% down at 7.11%, the payment is about $1,881 a month. Keeping that under 28% of gross income takes about $80,601 a year.
More about North Charleston
- Mortgage Refinance in North Charleston
- Debt Relief in North Charleston
- Home Equity Loans in North Charleston
- 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