Richland County
South Carolina · Pop. 415,759
Ranked #36 of 200 counties
54Moderate
Median Home Price
🏠$240K
3.5% YoY
Median Rent
🔑$1,200
Median Income
💰$52K
Rent Burden
📊30.5%
% of income to rent
Housing Shortage
🏗️6,000
estimated unit deficit
Building Permits (2024)
📋3,200
Price-to-Income Ratio
⚖️4.6x
Homeownership Rate
🏡56.0%
How Richland County Compares
| Metric | Richland County | South Carolina | National |
|---|---|---|---|
| Home Price | $240K | $273K | $410K |
| Rent | $1,200 | $1,170 | $1,500 |
| Income | $52K | $68K | $75K |
| Rent Burden | 30.5% | 31.0% | 30.0% |
| Homeownership | 56.0% | 72.0% | 65.0% |
Key Takeaways
- • Home prices are 41% below the national average.
- • Rent is 20% below the national average.
- • The county has an estimated housing shortage of 6,000 units.
- • 3,200 building permits were issued in 2024.
- • Year-over-year home prices changed by 3.5%.