Quick facts: Travelers rest, SC

Quick Facts

102.3
Cost of Living
above US average
8,486
Population
25.93
Crime Rate per 1000
above US average
$44,375
Median Income
below US average
$425,000
Median House Price
above US average
$1644.63
Average Rent
above US average
10%
Poverty Rate
below US average
3.5%
Unemployment Rate
below 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 $44,375.

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Income Needed to Buy

βœ— Stretch
$133k/year
Based on $425,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $133k vs median $44,375
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Income Needed to Rent

⚠ Stretch
$70k/year
Based on $1644.63/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $70k vs median $44,375
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Travelers rest, SC

Travelers Rest is a charming city located in Greenville County, South Carolina, nestled at the foothills of the Blue Ridge Mountains. Known for its picturesque landscapes and small-town charm, it boasts a rich history dating back to the 18th century when it served as a resting spot for travelers along the historic stagecoach road. The city is famous for its vibrant downtown area, which features unique local shops, cozy cafes, and restaurants that offer a taste of Southern hospitality. Outdoor enthusiasts will love the proximity to the Swamp Rabbit Trail, a scenic multi-use pathway that stretches from Travelers Rest to Greenville, perfect for biking, running, and walking. Nature lovers can explore the adjacent Paris Mountain State Park, offering hiking trails, picnic areas, and serene lakes. The community hosts several annual events, including festivals that celebrate local culture and the arts. With its welcoming atmosphere, stunning scenery, and a blend of outdoor activities and cultural experiences, Travelers Rest is an ideal destination for those seeking a peaceful escape in South Carolina.

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