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Watts Mills

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

Median Home$113,300
Median Rent$855/month
Population1,825
Leading IndustriesPublic Administration · Arts, Food & Hospitality · Healthcare32% public administration
Home Value Growth⬆⬆+16.5% over 2 years
Young Adults38% of residentstop 4% nationally
Renters69% of occupied units
NotableHighly Educated30% bachelor's · 21% graduate · top 9% nationally
Watts Mills
SC

Frequently Asked Questions

What are today's mortgage rates in Watts Mills?

As of today, the 30-year fixed mortgage rate for Watts Mills is approximately 6.917% (6.954% 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 Watts Mills?

The median home value in Watts Mills is $113k. The median monthly rent is $855. Annual property taxes average $968. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Watts Mills?

Home values in Watts Mills have increased 16.5% 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 Watts Mills?

Based on a typical all-in ownership cost of $843/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Watts Mills is $50k/year.

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What industries drive the economy in Watts Mills?

The largest employment sectors in Watts Mills are public administration (32%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.