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Converse

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

Median Home$160,600
Median Rent$1,138/month
Population514
Leading IndustriesPublic Administration · Information & Media · Finance & Insurance33% public administration
Home Value Growth⬆⬆⬆+25.9% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners73% of occupied units
Converse
SC

Frequently Asked Questions

What are today's mortgage rates in Converse?

As of today, the 30-year fixed mortgage rate for Converse is approximately 6.951% (6.992% 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 Converse?

The median home value in Converse is $161k. The median monthly rent is $1,138. Annual property taxes average $909. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Converse?

Home values in Converse have increased 25.9% 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 Converse?

Based on a typical all-in ownership cost of $827/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Converse is $56k/year.

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What industries drive the economy in Converse?

The largest employment sectors in Converse are public administration (33%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.