The typical owner-occupied home in Alcolu is worth about $165,500, 36% below the South Carolina median of $259,000 and 50% below the national median of $332,700. Owners pay a median $1,173 a year in property taxes, about 0.71% of their home's value, higher than the South Carolina rate of 0.48%. 70% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.
Alcolu at a glance
| Alcolu | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $165,500 | $259,000 | $332,700 |
| Median property tax paid per year | $1,173 | $1,251 | $3,119 |
| Property tax as a share of value | 0.71% | 0.48% | 0.94% |
| Median household income | – | $69,324 | $80,734 |
| Homes lived in by their owners | 70% | 72% | 65% |
| Owner homes with a mortgage | 73% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,045 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 17.5% | 19.7% | 21.0% |
| Median rent | – | $1,180 | $1,413 |
| Median year homes were built | 1979 | 1992 | 1980 |
| Vacant homes | 0.0% | 13.3% | 10.1% |
| Population | 459 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Alcolu
At this week's average 30-year rate of 7.11%, buying the median Alcolu home of $165,500 with 20% down costs about $1,058 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,333, 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 $45,323 for the 20%-down payment.
| Down payment | $33,100 |
|---|---|
| Loan amount | $132,400 |
| Principal and interest | $891 |
| Property taxes (0.71% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| PMI | $0 |
| Total per month | $1,058 |
Change the numbers in the calculator
| Down payment | $5,792 |
|---|---|
| Loan amount | $162,502 |
| Principal and interest | $1,093 |
| Property taxes (0.71% a year) | $98 |
| Homeowners insurance (our estimate, 0.5% a year) | $69 |
| FHA mortgage insurance | $73 |
| Total per month | $1,333 |
Change the numbers in the calculator
Questions about home buying in Alcolu
What is the median home value in Alcolu?
About $165,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Alcolu?
Homeowners pay a median $1,173 a year, which is about 0.71% 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 Alcolu?
For the median home with 20% down at 7.11%, the payment is about $1,058 a month. Keeping that under 28% of gross income takes about $45,323 a year.
More about Alcolu
- Mortgage Refinance in Alcolu
- Debt Relief in Alcolu
- Home Equity Loans in Alcolu
- 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