The typical owner-occupied home in Spartanburg County is worth about $233,300, 10% below the South Carolina median of $259,000 and 30% below the national median of $332,700. Owners pay a median $1,274 a year in property taxes, about 0.55% of their home's value, higher than the South Carolina rate of 0.48%. The median household earns $66,234 a year, so the median home costs 3.5 times the median income (3.7 times for South Carolina). 73% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Spartanburg County at a glance
| Spartanburg County | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $233,300 | $259,000 | $332,700 |
| Median property tax paid per year | $1,274 | $1,251 | $3,119 |
| Property tax as a share of value | 0.55% | 0.48% | 0.94% |
| Median household income | $66,234 | $69,324 | $80,734 |
| Homes lived in by their owners | 73% | 72% | 65% |
| Owner homes with a mortgage | 60% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,401 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 19.2% | 19.7% | 21.0% |
| Median rent | $1,084 | $1,180 | $1,413 |
| Rent as a share of renters' income | 29.8% | 31.1% | 30.6% |
| Median year homes were built | 1990 | 1992 | 1980 |
| Vacant homes | 8.7% | 13.3% | 10.1% |
| Population | 347,852 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Spartanburg County
At this week's average 30-year rate of 7.11%, buying the median Spartanburg County home of $233,300 with 20% down costs about $1,460 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,848, 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 $62,558 for the 20%-down payment. That payment is 26% of the median Spartanburg County household income of $66,234; at that income and 20% down, the 28% guideline points to a home of about $247,000.
The median rent here is $1,084 a month, so owning the median home costs about $376 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,660 |
|---|---|
| Loan amount | $186,640 |
| Principal and interest | $1,256 |
| Property taxes (0.55% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,460 |
Change the numbers in the calculator
| Down payment | $8,166 |
|---|---|
| Loan amount | $229,074 |
| Principal and interest | $1,541 |
| Property taxes (0.55% a year) | $107 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $103 |
| Total per month | $1,848 |
Change the numbers in the calculator
Questions about home buying in Spartanburg County
What is the median home value in Spartanburg County?
About $233,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spartanburg County?
Homeowners pay a median $1,274 a year, which is about 0.55% 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 Spartanburg County?
For the median home with 20% down at 7.11%, the payment is about $1,460 a month. Keeping that under 28% of gross income takes about $62,558 a year.
More about Spartanburg County
- Mortgage Refinance in Spartanburg County
- Debt Relief in Spartanburg County
- Home Equity Loans in Spartanburg County
- 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