The typical owner-occupied home in Coward is worth about $154,700, 40% below the South Carolina median of $259,000 and 54% below the national median of $332,700. Owners pay a median $479 a year in property taxes, about 0.31% of their home's value, lower than the South Carolina rate of 0.48%. The median household earns $35,375 a year, so the median home costs 4.4 times the median income (3.7 times for South Carolina). 64% of occupied homes here are lived in by their owners, and 34% of those owners still have a mortgage.
Coward at a glance
| Coward | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $154,700 | $259,000 | $332,700 |
| Median property tax paid per year | $479 | $1,251 | $3,119 |
| Property tax as a share of value | 0.31% | 0.48% | 0.94% |
| Median household income | $35,375 | $69,324 | $80,734 |
| Homes lived in by their owners | 64% | 72% | 65% |
| Owner homes with a mortgage | 34% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $904 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 22.3% | 19.7% | 21.0% |
| Median rent | $883 | $1,180 | $1,413 |
| Rent as a share of renters' income | 51.0% | 31.1% | 30.6% |
| Median year homes were built | 1991 | 1992 | 1980 |
| Vacant homes | 11.4% | 13.3% | 10.1% |
| Population | 853 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Coward
At this week's average 30-year rate of 7.11%, buying the median Coward home of $154,700 with 20% down costs about $937 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,195, 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 $40,155 for the 20%-down payment. That payment is 32% of the median Coward household income of $35,375; at that income and 20% down, the 28% guideline points to a home of about $136,000.
The median rent here is $883 a month, so owning the median home costs about $54 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $30,940 |
|---|---|
| Loan amount | $123,760 |
| Principal and interest | $833 |
| Property taxes (0.31% a year) | $40 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| PMI | $0 |
| Total per month | $937 |
Change the numbers in the calculator
| Down payment | $5,414 |
|---|---|
| Loan amount | $151,898 |
| Principal and interest | $1,022 |
| Property taxes (0.31% a year) | $40 |
| Homeowners insurance (our estimate, 0.5% a year) | $64 |
| FHA mortgage insurance | $68 |
| Total per month | $1,195 |
Change the numbers in the calculator
Questions about home buying in Coward
What is the median home value in Coward?
About $154,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Coward?
Homeowners pay a median $479 a year, which is about 0.31% 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 Coward?
For the median home with 20% down at 7.11%, the payment is about $937 a month. Keeping that under 28% of gross income takes about $40,155 a year.
More about Coward
- Mortgage Refinance in Coward
- Debt Relief in Coward
- Home Equity Loans in Coward
- 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