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Lobeco

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

Median Home$235,700
Population281
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance8% construction
Home Value Growth⬆⬆+20.5% over 2 years
Retirees30% of residentswell above average
Homeowners80% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Lobeco
SC

Frequently Asked Questions

What are today's mortgage rates in Lobeco?

As of today, the 30-year fixed mortgage rate for Lobeco is approximately 6.969% (7.008% 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 Lobeco?

The median home value in Lobeco is $236k. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lobeco?

Home values in Lobeco have increased 20.5% 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 Lobeco?

Based on a typical all-in ownership cost of $810/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 Lobeco is $54k/year.

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What industries drive the economy in Lobeco?

The largest employment sectors in Lobeco are public administration (23%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.