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Smoaks

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

Median Home$87,200
Median Rent$540/month
Population107
Leading IndustriesInformation & Media · Finance & Insurance · Professional Services19% information & media
Home Value Growth⬆⬆⬆+24.7% over 2 years
Family-Friendly28% of residentswell above average
Homeowners82% of occupied units
NotableAffordable Market$87k median home · lower cost than 95% of the country
NotableVeteran Community9% of residents · top 22% nationally
Smoaks
SC

Frequently Asked Questions

What are today's mortgage rates in Smoaks?

As of today, the 30-year fixed mortgage rate for Smoaks is approximately 6.973% (7.015% 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 Smoaks?

The median home value in Smoaks is $87k. The median monthly rent is $540. Annual property taxes average $545. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Smoaks?

Home values in Smoaks have increased 24.7% 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 Smoaks?

Based on a typical all-in ownership cost of $552/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $24k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Smoaks is $54k/year.

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What industries drive the economy in Smoaks?

The largest employment sectors in Smoaks are public administration (24%) and information and media (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.