The typical owner-occupied home in Arcadia is worth about $116,800, 55% below the South Carolina median of $259,000 and 65% below the national median of $332,700. Owners pay a median $737 a year in property taxes, about 0.63% of their home's value, higher than the South Carolina rate of 0.48%. The median household earns $55,218 a year, so the median home costs 2.1 times the median income (3.7 times for South Carolina). 28% of occupied homes here are lived in by their owners, and 26% of those owners still have a mortgage.
Arcadia at a glance
| Arcadia | South Carolina | U.S. | |
|---|---|---|---|
| Median home value | $116,800 | $259,000 | $332,700 |
| Median property tax paid per year | $737 | $1,251 | $3,119 |
| Property tax as a share of value | 0.63% | 0.48% | 0.94% |
| Median household income | $55,218 | $69,324 | $80,734 |
| Homes lived in by their owners | 28% | 72% | 65% |
| Owner homes with a mortgage | 26% | 57% | 61% |
| Median monthly costs, owners with a mortgage | $1,543 | $1,529 | $1,963 |
| Those costs as a share of the owners' income | 24.0% | 19.7% | 21.0% |
| Median rent | $1,266 | $1,180 | $1,413 |
| Rent as a share of renters' income | 34.0% | 31.1% | 30.6% |
| Median year homes were built | 1998 | 1992 | 1980 |
| Vacant homes | 27.5% | 13.3% | 10.1% |
| Population | 3,426 | 5,296,225 | 334,922,499 |
What a typical home costs per month in Arcadia
At this week's average 30-year rate of 7.11%, buying the median Arcadia home of $116,800 with 20% down costs about $739 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $933, 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 $31,653 for the 20%-down payment. That payment is 16% of the median Arcadia household income of $55,218; at that income and 20% down, the 28% guideline points to a home of about $204,000.
The median rent here is $1,266 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $23,360 |
|---|---|
| Loan amount | $93,440 |
| Principal and interest | $629 |
| Property taxes (0.63% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| PMI | $0 |
| Total per month | $739 |
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| Down payment | $4,088 |
|---|---|
| Loan amount | $114,684 |
| Principal and interest | $771 |
| Property taxes (0.63% a year) | $61 |
| Homeowners insurance (our estimate, 0.5% a year) | $49 |
| FHA mortgage insurance | $52 |
| Total per month | $933 |
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Questions about home buying in Arcadia
What is the median home value in Arcadia?
About $116,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Arcadia?
Homeowners pay a median $737 a year, which is about 0.63% 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 Arcadia?
For the median home with 20% down at 7.11%, the payment is about $739 a month. Keeping that under 28% of gross income takes about $31,653 a year.
More about Arcadia
- Mortgage Refinance in Arcadia
- Debt Relief in Arcadia
- Home Equity Loans in Arcadia
- 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