Quick facts: Green pond, SC

Quick Facts

102.3
Cost of Living
above US average
2,236
Population
11.18
Crime Rate per 1000
below US average
$64,034
Median Income
below US average
$435,000
Median House Price
above US average
$1620
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 $64,034.

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Income Needed to Buy

βœ— Stretch
$136k/year
Based on $435,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $136k vs median $64,034
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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 $64,034
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Green pond, SC

Green Pond is a small, rural community located in Colleton County, South Carolina. Nestled amidst the picturesque Lowcountry landscape, it offers a tranquil setting characterized by lush greenery, serene ponds, and a tight-knit community atmosphere. The area is known for its natural beauty and outdoor recreational opportunities, such as fishing, hiking, and exploring nearby nature reserves. The population is small, contributing to its charm and slow-paced lifestyle. Green Pond is not far from larger towns like Walterboro, which provides more amenities and services. Historical influences can be seen throughout the region, with many historic sites and buildings that reflect the rich Southern heritage. While Green Pond may lack the hustle and bustle of larger cities, it offers a peaceful escape ideal for those seeking a quieter way of life. The community is also conveniently located near major highways, providing easy access to nearby cities and attractions. Overall, Green Pond exemplifies the beauty and serenity of rural South Carolina living.

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