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Red Hill

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

Median Home$240,149
Median Rent$1,203/month
Population16,214
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade10% finance & insurance
Home Value Growth⬆⬆⬆+26.5% over 2 years
Young Adults34% of residentswell above average
Homeowners79% of occupied units
Red Hill
SC

Frequently Asked Questions

What are today's mortgage rates in Red Hill?

As of today, the 30-year fixed mortgage rate for Red Hill is approximately 6.920% (6.957% 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 Red Hill?

The median home value in Red Hill is $240k. The median monthly rent is $1,203. Annual property taxes average $761. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Red Hill?

Home values in Red Hill have increased 26.5% 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 Red Hill?

Based on a typical all-in ownership cost of $875/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $38k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Red Hill is $66k/year.

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What industries drive the economy in Red Hill?

The largest employment sectors in Red Hill are public administration (19%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.