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Sumter

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

Median Home$156,248
Median Rent$1,132/month
Population104,725
Leading IndustryRetail15% of local workforce
Home Value Growth⬆⬆+18.7% over 2 years
Family-Friendly24% of residentsabove average nationally
Homeowners68% of occupied units
NotableVeteran Community14% of residents · top 4% nationally
Sumter

Explore Sumter

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Sumter?›

Mortgage rates for Sumter are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Sumter?›

The median home value in Sumter is $156k. The median monthly rent is $1,132. Annual property taxes average $853. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sumter?›

Home values in Sumter have increased 18.7% 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 Sumter?›

Based on a typical all-in ownership cost of $918/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sumter is $58k/year.

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What industries drive the economy in Sumter?›

The largest employment sectors in Sumter are public administration (25%) and retail (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.