The typical owner-occupied home in Van Wyck is worth about $279,200, 8% above the South Carolina median of $259,000 and 16% below the national median of $332,700. Owners pay a median $1,145 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 $38,250 a year, so the median home costs 7.3 times the median income (3.7 times for South Carolina). 92% of occupied homes here are lived in by their owners, and 30% of those owners still have a mortgage.
Van Wyck at a glance
| Van Wyck | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $279,200 | $259,000 | $332,700 |
| Median property tax paid per year | $1,145 | $1,251 | $3,119 |
| Property tax as a share of value | 0.41% | 0.48% | 0.94% |
| Median household income | $38,250 | $69,324 | $80,734 |
| Homes lived in by their owners | 92% | 72% | 65% |
| Owner homes with a mortgage | 30% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,583 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 21.1% | 19.7% | 21.0% |
| Median rent | $850 | $1,180 | $1,413 |
| Rent as a share of renters' income | 12.9% | 31.1% | 30.6% |
| Median year homes were built | 2000 | 1992 | 1980 |
| Vacant homes | 8.2% | 13.3% | 10.1% |
| Population | 951 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Van Wyck
At this week's average 30-year rate of 7.11%, buying the median Van Wyck home of $279,200 with 20% down costs about $1,714 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,179, 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 $73,470 for the 20%-down payment. That payment is 54% of the median Van Wyck household income of $38,250; at that income and 20% down, the 28% guideline points to a home of about $145,000.
The median rent here is $850 a month, so owning the median home costs about $864 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $55,840 |
|---|---|
| Loan amount | $223,360 |
| Principal and interest | $1,503 |
| Property taxes (0.41% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| PMI | $0 |
| Total per month | $1,714 |
Change the numbers in the calculator
| Down payment | $9,772 |
|---|---|
| Loan amount | $274,143 |
| Principal and interest | $1,844 |
| Property taxes (0.41% a year) | $95 |
| Homeowners insurance (our estimate, 0.5% a year) | $116 |
| FHA mortgage insurance | $123 |
| Total per month | $2,179 |
Change the numbers in the calculator
Questions about home buying in Van Wyck
What is the median home value in Van Wyck?
About $279,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Van Wyck?
Homeowners pay a median $1,145 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 Van Wyck?
For the median home with 20% down at 7.11%, the payment is about $1,714 a month. Keeping that under 28% of gross income takes about $73,470 a year.
More about Van Wyck
- Mortgage Refinance in Van Wyck
- Debt Relief in Van Wyck
- Home Equity Loans in Van Wyck
- 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