Quick facts: Duncan, SC

Quick Facts

102.3
Cost of Living
above US average
4,276
Population
18.24
Crime Rate per 1000
below US average
$58,112
Median Income
below US average
$339,900
Median House Price
above US average
$1938.67
Average Rent
above US average
12%
Poverty Rate
above US average
4.5%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $58,112.

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Income Needed to Buy

βœ— Stretch
$107k/year
Based on $339,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $107k vs median $58,112
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Income Needed to Rent

⚠ Stretch
$83k/year
Based on $1938.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $83k vs median $58,112
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Duncan, SC

Duncan is a charming town located in Spartanburg County, South Carolina. Nestled in the Upstate region, it is strategically positioned between the cities of Greenville and Spartanburg, making it an attractive place for both residents and businesses. The town has a rich history that dates back to the 19th century, initially flourishing as a railroad stop. Duncan is known for its friendly community atmosphere, excellent schools, and a variety of recreational activities. The nearby "Duncan Park" offers green spaces, walking trails, and playgrounds, making it a perfect spot for families. The town also boasts a growing commercial sector, with several shopping areas and dining options that cater to various tastes. Additionally, Duncan serves as a hub for logistics and transportation due to its proximity to major highways, facilitating easy access to neighboring cities. The town hosts various community events throughout the year, fostering a welcoming environment for both long-time residents and newcomers. With its balance of small-town charm and accessibility to larger urban centers, Duncan is a delightful place to live and work.

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