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Pacolet

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

Median Home$102,800
Median Rent$807/month
Population2,231
Leading IndustriesRetail · Information & Media · Finance & Insurance23% retail
Home Value Growth⬆⬆⬆+25.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableAffordable Market$103k median home · lower cost than 91% of the country
Pacolet
SC

Frequently Asked Questions

What are today's mortgage rates in Pacolet?

As of today, the 30-year fixed mortgage rate for Pacolet is approximately 7.145% (7.192% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Pacolet
What is the median home price in Pacolet?

The median home value in Pacolet is $103k. The median monthly rent is $807. Annual property taxes average $907. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pacolet?

Home values in Pacolet have increased 25.0% 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 Pacolet?

Based on a typical all-in ownership cost of $523/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $22k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pacolet is $50k/year.

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What industries drive the economy in Pacolet?

The largest employment sectors in Pacolet are retail (23%) and public administration (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.