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McCormick

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

Median Home$112,200
Median Rent$535/month
Population2,239
Leading IndustryPublic Administration28% of local workforce
Home Value Growth+7.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners81% of occupied units
NotableAffordable Market$112k median home · lower cost than 88% of the country
McCormick
SC

Frequently Asked Questions

What are today's mortgage rates in McCormick?

As of today, the 30-year fixed mortgage rate for McCormick is approximately 7.033% (7.074% 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 McCormick?

The median home value in McCormick is $112k. The median monthly rent is $535. Annual property taxes average $725. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in McCormick?

Home values in McCormick have increased 7.9% over the past two years. This represents moderate growth. 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 McCormick?

Based on a typical all-in ownership cost of $676/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $29k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in McCormick is $51k/year.

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What industries drive the economy in McCormick?

The largest employment sectors in McCormick are public administration (28%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.