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Hanahan

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

Median Home$315,289
Median Rent$1,454/month
Population20,845
Leading IndustriesHealthcare · Arts, Food & Hospitality · Wholesale Trade15% healthcare
Home Value Growth⬆⬆+19.8% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners68% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Hanahan
SC

Frequently Asked Questions

What are today's mortgage rates in Hanahan?

As of today, the 30-year fixed mortgage rate for Hanahan is approximately 6.900% (6.936% 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 Hanahan?

The median home value in Hanahan is $315k. The median monthly rent is $1,454. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hanahan?

Home values in Hanahan have increased 19.8% 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 Hanahan?

Based on a typical all-in ownership cost of $1,459/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hanahan is $81k/year.

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What industries drive the economy in Hanahan?

The largest employment sectors in Hanahan are healthcare (15%) and public administration (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.