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Walterboro

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

Median Home$177,644
Median Rent$981/month
Population5,381
Leading IndustriesTransportation · Manufacturing · Education4% transportation
Home Value Growth⬆⬆⬆+26.7% over 2 years
Young Adults29% of residentsslightly above average
Homeowners61% of occupied units
Walterboro
SC

Frequently Asked Questions

What are today's mortgage rates in Walterboro?

As of today, the 30-year fixed mortgage rate for Walterboro is approximately 7.061% (7.103% 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 Walterboro?

The median home value in Walterboro is $178k. The median monthly rent is $981. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Walterboro?

Home values in Walterboro have increased 26.7% 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 Walterboro?

Based on a typical all-in ownership cost of $910/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 Walterboro is $60k/year.

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What industries drive the economy in Walterboro?

The largest employment sectors in Walterboro are public administration (25%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.