The typical owner-occupied home in Kershaw is worth about $168,200, 35% below the South Carolina median of $259,000 and 49% below the national median of $332,700. Owners pay a median $692 a year in property taxes, about 0.41% of their home's value, lower than the South Carolina rate of 0.48%. The median household earns $68,693 a year, so the median home costs 2.4 times the median income (3.7 times for South Carolina). 72% of occupied homes here are lived in by their owners, and 48% of those owners still have a mortgage.
Kershaw at a glance
| Kershaw | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $168,200 | $259,000 | $332,700 |
| Median property tax paid per year | $692 | $1,251 | $3,119 |
| Property tax as a share of value | 0.41% | 0.48% | 0.94% |
| Median household income | $68,693 | $69,324 | $80,734 |
| Homes lived in by their owners | 72% | 72% | 65% |
| Owner homes with a mortgage | 48% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $956 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 13.5% | 19.7% | 21.0% |
| Median rent | $750 | $1,180 | $1,413 |
| Rent as a share of renters' income | 22.7% | 31.1% | 30.6% |
| Median year homes were built | 1963 | 1992 | 1980 |
| Vacant homes | 6.7% | 13.3% | 10.1% |
| Population | 2,259 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Kershaw
At this week's average 30-year rate of 7.11%, buying the median Kershaw home of $168,200 with 20% down costs about $1,033 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,313, 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 $44,260 for the 20%-down payment. That payment is 18% of the median Kershaw household income of $68,693; at that income and 20% down, the 28% guideline points to a home of about $261,000.
The median rent here is $750 a month, so owning the median home costs about $283 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $33,640 |
|---|---|
| Loan amount | $134,560 |
| Principal and interest | $905 |
| Property taxes (0.41% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,033 |
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| Down payment | $5,887 |
|---|---|
| Loan amount | $165,153 |
| Principal and interest | $1,111 |
| Property taxes (0.41% a year) | $57 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,313 |
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Questions about home buying in Kershaw
What is the median home value in Kershaw?
About $168,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kershaw?
Homeowners pay a median $692 a year, which is about 0.41% 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 Kershaw?
For the median home with 20% down at 7.11%, the payment is about $1,033 a month. Keeping that under 28% of gross income takes about $44,260 a year.
More about Kershaw
- Mortgage Refinance in Kershaw
- Debt Relief in Kershaw
- Home Equity Loans in Kershaw
- 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