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Hilton Head Island

Learn about the people, housing, costs and businesses in Hilton Head Island, South Carolina

Median Home$687,943
Median Rent$1,840/month
Population37,881
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality6% education
Home Value Growth⬆⬆+19.4% over 2 years
Retirees41% of residentstop 2% nationally
Homeowners79% of occupied units
NotableAmenity Score82/100 · highly walkable area
NotableHighly Educated33% bachelor's · 17% graduate · top 5% nationally
Hilton Head Island
SC

Frequently Asked Questions

What are today's mortgage rates in Hilton Head Island?

As of today, the 30-year fixed mortgage rate for Hilton Head Island is approximately 6.792% (6.831% 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 Hilton Head Island?

The median home value in Hilton Head Island is $688k. The median monthly rent is $1,840. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hilton Head Island?

Home values in Hilton Head Island have increased 19.4% 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 Hilton Head Island?

Based on a typical all-in ownership cost of $1,639/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hilton Head Island is $95k/year.

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What industries drive the economy in Hilton Head Island?

The largest employment sectors in Hilton Head Island are healthcare (16%) and public administration (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.