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Arkwright

Learn about the people, housing, costs and businesses in Arkwright, South Carolina

Median Home$158,838
Median Rent$995/month
Population2,742
Leading IndustriesRetail · Healthcare · Finance & Insurance22% retail
Home Value Growth⬆⬆+13.8% over 2 years
Family-Friendly33% of residentstop 2% nationally
Homeowners60% of occupied units
NotableTransit81/100 · excellent transit access
NotableAmenity Score70/100 · highly walkable area
Arkwright
SC

Frequently Asked Questions

What are today's mortgage rates in Arkwright?

As of today, the 30-year fixed mortgage rate for Arkwright is approximately 7.086% (7.131% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Arkwright?

The median home value in Arkwright is $159k. The median monthly rent is $995. Annual property taxes average $934. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Arkwright?

Home values in Arkwright have increased 13.8% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Arkwright?

Based on a typical all-in ownership cost of $946/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $41k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Arkwright is $49k/year.

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What industries drive the economy in Arkwright?

The largest employment sectors in Arkwright are retail (22%) and public administration (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.