Quick facts: Edgefield, SC

Quick Facts

102.3
Cost of Living
above US average
26,932
Population
9.28
Crime Rate per 1000
below US average
$60,033
Median Income
below US average
$275,000
Median House Price
above US average
$1620
Average Rent
above US average
13%
Poverty Rate
above US average
4.9%
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 $60,033.

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Income Needed to Buy

βœ— Stretch
$86k/year
Based on $275,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $86k vs median $60,033
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Income Needed to Rent

⚠ Stretch
$69k/year
Based on $1620/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $69k vs median $60,033
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Edgefield, SC

Edgefield, South Carolina, is a quaint town known for its rich history and southern charm. Nestled in the western part of the state, it serves as the county seat of Edgefield County. The town was established in the late 18th century and played a significant role during the Civil War, which is reflected in its numerous historic buildings and monuments. Edgefield features classic southern architecture, with many homes and public buildings showcasing antebellum styles. One of its notable landmarks is the Edgefield Courthouse, a historic structure that has stood since the 1800s. The town is also famous for being the birthplace of the β€œEdgefield Pottery,” an influential style of pottery from the region. The community is characterized by its small-town atmosphere, where local parks and shops provide a peaceful retreat. Outdoor enthusiasts can enjoy nearby recreational areas like the Sumter National Forest, offering hiking and boating opportunities. With a population of just over 4,500 residents, Edgefield combines southern hospitality with a commitment to preserving its rich heritage, making it a lovely place for history buffs and those seeking a tranquil lifestyle.

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