The typical owner-occupied home in Cayce is worth about $166,800, 36% below the South Carolina median of $259,000 and 50% below the national median of $332,700. Owners pay a median $843 a year in property taxes, about 0.51% of their home's value, close to the South Carolina rate of 0.48%. The median household earns $62,045 a year, so the median home costs 2.7 times the median income (3.7 times for South Carolina). 61% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.
Cayce at a glance
| Cayce | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $166,800 | $259,000 | $332,700 |
| Median property tax paid per year | $843 | $1,251 | $3,119 |
| Property tax as a share of value | 0.51% | 0.48% | 0.94% |
| Median household income | $62,045 | $69,324 | $80,734 |
| Homes lived in by their owners | 61% | 72% | 65% |
| Owner homes with a mortgage | 51% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,099 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 18.9% | 19.7% | 21.0% |
| Median rent | $1,360 | $1,180 | $1,413 |
| Rent as a share of renters' income | 29.8% | 31.1% | 30.6% |
| Median year homes were built | 1969 | 1992 | 1980 |
| Vacant homes | 7.5% | 13.3% | 10.1% |
| Population | 13,741 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Cayce
At this week's average 30-year rate of 7.11%, buying the median Cayce home of $166,800 with 20% down costs about $1,038 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,316, 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 $44,488 for the 20%-down payment. That payment is 20% of the median Cayce household income of $62,045; at that income and 20% down, the 28% guideline points to a home of about $233,000.
The median rent here is $1,360 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $33,360 |
|---|---|
| Loan amount | $133,440 |
| Principal and interest | $898 |
| Property taxes (0.51% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| PMI | $0 |
| Total per month | $1,038 |
Change the numbers in the calculator
| Down payment | $5,838 |
|---|---|
| Loan amount | $163,779 |
| Principal and interest | $1,102 |
| Property taxes (0.51% a year) | $71 |
| Homeowners insurance (our estimate, 0.5% a year) | $70 |
| FHA mortgage insurance | $74 |
| Total per month | $1,316 |
Change the numbers in the calculator
Questions about home buying in Cayce
What is the median home value in Cayce?
About $166,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Cayce?
Homeowners pay a median $843 a year, which is about 0.51% 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 Cayce?
For the median home with 20% down at 7.11%, the payment is about $1,038 a month. Keeping that under 28% of gross income takes about $44,488 a year.
More about Cayce
- Mortgage Refinance in Cayce
- Debt Relief in Cayce
- Home Equity Loans in Cayce
- 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