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Drayton

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

Median Home$149,668
Median Rent$1,170/month
Population1,320
Leading IndustriesRetail · Professional Services · Education20% retail
Home Value Growth⬆⬆⬆+37.7% over 2 years
Young Adults37% of residentstop 4% nationally
Renters60% of occupied units
NotableAmenity Score78/100 · highly walkable area
Drayton
SC

Frequently Asked Questions

What are today's mortgage rates in Drayton?

As of today, the 30-year fixed mortgage rate for Drayton is approximately 6.998% (7.038% 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 Drayton?

The median home value in Drayton is $150k. The median monthly rent is $1,170. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Drayton?

Home values in Drayton have increased 37.7% 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 Drayton?

Based on a typical all-in ownership cost of $1,075/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $46k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Drayton is $54k/year.

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What industries drive the economy in Drayton?

The largest employment sectors in Drayton are public administration (24%) and retail (20%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.