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Market AnalysisUpdated March 2026

Richland County, SC — Market Snapshot

Real estate market data for Richland County, South Carolina. Census demographics, rental trends, and economic indicators for investors and developers.

Population

418,725

ACS 2023

Median Household Income

$69,732

ACS 2023

Renter-Occupied

40%

ACS 2023

Median Rent

$1,212/mo

ACS 2023

Source: U.S. Census Bureau, American Community Survey 2023

Population & Income Profile

Age Distribution

Under 19
26.5%
Ages 20–29
17.5%
Ages 30–39
13.5%
Ages 40–49
11.8%
Ages 50–59
11.3%
Ages 60–69
10.7%
Over 70
8.7%

Household Income Distribution

Under $30K
23.0%
$30K–$50K
17.0%
$50K–$75K
00.0%
$75K–$100K
00.0%
$100K–$150K
00.0%
Above $150K
00.0%

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Source: U.S. Census Bureau, American Community Survey 2023

Housing Affordability

Affordability Label

Affordable (3-4x)

ACS 2023

Price-to-Income Ratio

N/A

Affordability label: U.S. Census Bureau ACS 2023. Price-to-income: Redfin median sale price (SFR, Dec 2025) ÷ FRED per capita personal income (Q4 2025).

Housing Market Overview

Median Home Value
$242,968
Median Gross Rent
$1,212/mo
Homeownership Rate
60%
Typical Monthly Housing Cost(owner-occupied w/ mortgage)
$1,234/mo
Median Annual Property Tax(ACS estimate)
$1,693
Vacancy Rate
Dashboard

Source: U.S. Census Bureau, ACS 2023. Monthly Housing Cost: ACS B25105. Property Tax: ACS B25103.

Home Price Index

Richland County HPI

225.6

FRED Q4 2025

Since 2020

+54.4%

vs. 2020 baseline

Richland County home values have appreciated 54.4% since 2020, trailing the South Carolina statewide average of 71.7%.

Source: Federal Reserve Economic Data (FRED) — FHFA House Price Index. Updated Q4 2025.

Investment Analysis

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A

Market Tier

Bawa Score: 83 / 100

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Economic Indicators

Unemployment Rate
5.0%
Per Capita Personal Income
$60,580
Labor Force
205,405
GDP
$29B
Building Permits
3,469

▲ +94.8% since 2020

State Overview

State Tax Revenue (quarterly)millions USD, not seasonally adjusted
$5.0B
State Home Price Index
710.8
State GDP
$357B

Source: Federal Reserve Economic Data (FRED). Updated Q4 2025.

Nearby Markets

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