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Ware Place

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

Median Home$210,233
Median Rent$741/month
Population316
Leading IndustriesTransportation · Education · Arts, Food & Hospitality7% transportation
Home Value Growth⬆⬆⬆+28.9% over 2 years
Retirees57% of residentstop 1% nationally
Homeowners81% of occupied units
NotableHighly Educated34% bachelor's · 13% graduate · top 4% nationally
Ware Place
SC

Frequently Asked Questions

What are today's mortgage rates in Ware Place?

As of today, the 30-year fixed mortgage rate for Ware Place is approximately 6.831% (6.865% 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 Ware Place?

The median home value in Ware Place is $210k. The median monthly rent is $741. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Ware Place?

Home values in Ware Place have increased 28.9% 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 Ware Place?

Based on a typical all-in ownership cost of $739/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $32k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Ware Place is $73k/year.

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What industries drive the economy in Ware Place?

The largest employment sectors in Ware Place are healthcare (17%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.