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South Sumter

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

Median Home$66,500
Median Rent$935/month
Population1,890
Leading IndustriesRetail · Public Administration · Professional Services34% retail
Home Value Growth⬆⬆+11.8% over 2 years
Family-Friendly32% of residentstop 2% nationally
Homeowners54% of occupied units
South Sumter
SC

Frequently Asked Questions

What are today's mortgage rates in South Sumter?

As of today, the 30-year fixed mortgage rate for South Sumter is approximately 6.998% (7.038% 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 South Sumter?

The median home value in South Sumter is $67k. The median monthly rent is $935. Annual property taxes average $336. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Sumter?

Home values in South Sumter have increased 11.8% 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 South Sumter?

Based on a typical all-in ownership cost of $592/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Sumter is $44k/year.

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What industries drive the economy in South Sumter?

The largest employment sectors in South Sumter are retail (34%) and public administration (27%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.