The typical owner-occupied home in Little River is worth about $305,800, 18% above the South Carolina median of $259,000 and 8% below the national median of $332,700. Owners pay a median $960 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 $65,786 a year, so the median home costs 4.6 times the median income (3.7 times for South Carolina). 77% of occupied homes here are lived in by their owners, and 54% of those owners still have a mortgage.
Little River at a glance
| Little River | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $305,800 | $259,000 | $332,700 |
| Median property tax paid per year | $960 | $1,251 | $3,119 |
| Property tax as a share of value | 0.31% | 0.48% | 0.94% |
| Median household income | $65,786 | $69,324 | $80,734 |
| Homes lived in by their owners | 77% | 72% | 65% |
| Owner homes with a mortgage | 54% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,464 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 24.3% | 19.7% | 21.0% |
| Median rent | $1,528 | $1,180 | $1,413 |
| Rent as a share of renters' income | 33.2% | 31.1% | 30.6% |
| Median year homes were built | 1996 | 1992 | 1980 |
| Vacant homes | 29.5% | 13.3% | 10.1% |
| Population | 11,771 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Little River
At this week's average 30-year rate of 7.11%, buying the median Little River home of $305,800 with 20% down costs about $1,852 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,362, 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 $79,377 for the 20%-down payment. That payment is 34% of the median Little River household income of $65,786; at that income and 20% down, the 28% guideline points to a home of about $253,000.
The median rent here is $1,528 a month, so owning the median home costs about $324 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $61,160 |
|---|---|
| Loan amount | $244,640 |
| Principal and interest | $1,646 |
| Property taxes (0.31% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $127 |
| PMI | $0 |
| Total per month | $1,852 |
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| Down payment | $10,703 |
|---|---|
| Loan amount | $300,261 |
| Principal and interest | $2,020 |
| Property taxes (0.31% a year) | $79 |
| Homeowners insurance (our estimate, 0.5% a year) | $127 |
| FHA mortgage insurance | $135 |
| Total per month | $2,362 |
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Questions about home buying in Little River
What is the median home value in Little River?
About $305,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Little River?
Homeowners pay a median $960 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 Little River?
For the median home with 20% down at 7.11%, the payment is about $1,852 a month. Keeping that under 28% of gross income takes about $79,377 a year.
More about Little River
- Mortgage Refinance in Little River
- Debt Relief in Little River
- Home Equity Loans in Little River
- 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