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Pelion

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

Median Home$120,191
Median Rent$947/month
Population599
Leading IndustriesConstruction · Agriculture & Mining · Manufacturing18% construction
Home Value Growth⬆⬆⬆+37.5% over 2 years
Retirees22% of residentsnear the national average
Homeowners82% of occupied units
Pelion
SC

Frequently Asked Questions

What are today's mortgage rates in Pelion?

As of today, the 30-year fixed mortgage rate for Pelion is approximately 6.953% (6.994% 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 Pelion?

The median home value in Pelion is $120k. The median monthly rent is $947. Annual property taxes average $694. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pelion?

Home values in Pelion have increased 37.5% 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 Pelion?

Based on a typical all-in ownership cost of $779/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $33k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pelion is $60k/year.

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What industries drive the economy in Pelion?

The largest employment sectors in Pelion are public administration (21%) and agriculture and mining (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.