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Baxter

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

Median Home$638,915
Median Rent$1,313/month
Population4,990
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services22% healthcare
Home Value Growth⬆⬆+14.0% over 2 years
Family-Friendly28% of residentswell above average
Homeowners72% of occupied units
NotableHighly Educated33% bachelor's · 15% graduate · top 5% nationally
NotableHigh Incomes$135k/year · top 6% nationally
Baxter Village
SC

Frequently Asked Questions

What are today's mortgage rates in Baxter?

As of today, the 30-year fixed mortgage rate for Baxter is approximately 6.834% (6.868% 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 Baxter?

The median home value in Baxter is $639k. The median monthly rent is $1,313. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Baxter?

Home values in Baxter have increased 14.0% 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 Baxter?

Based on a typical all-in ownership cost of $1,684/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $72k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Baxter is $135k/year.

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What industries drive the economy in Baxter?

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