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Hickory Grove

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

Median Home$224,700
Median Rent$1,090/month
Population530
Leading IndustriesWholesale Trade · Arts, Food & Hospitality11% wholesale trade
Home Value Growth⬆⬆⬆+23.1% over 2 years
Young Adults46% of residentstop 1% nationally
Homeowners84% of occupied units
NotableHighly Educated38% hold a bachelor's degree · top 2% nationally
Hickory Grove
SC

Frequently Asked Questions

What are today's mortgage rates in Hickory Grove?

As of today, the 30-year fixed mortgage rate for Hickory Grove is approximately 6.915% (6.952% 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 Hickory Grove?

The median home value in Hickory Grove is $225k. The median monthly rent is $1,090. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hickory Grove?

Home values in Hickory Grove have increased 23.1% 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 Hickory Grove?

Based on a typical all-in ownership cost of $748/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hickory Grove is $72k/year.

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What industries drive the economy in Hickory Grove?

The largest employment sectors in Hickory Grove are public administration (24%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.