Quick facts: Bennettsville, SC

Quick Facts

102.3
Cost of Living
above US average
6,654
Population
46.44
Crime Rate per 1000
above US average
$37,891
Median Income
below US average
$80,000
Median House Price
above US average
$831.25
Average Rent
below US average
26%
Poverty Rate
above US average
5.5%
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 $37,891.

🏠

Income Needed to Buy

βœ“ Affordable
$25k/year
Based on $80,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
πŸ“Š Median income ($37,891) exceeds requirement
🏒

Income Needed to Rent

βœ“ Affordable
$36k/year
Based on $831.25/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($37,891) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bennettsville, SC

Bennettsville, located in Marlboro County, South Carolina, is a charming small town known for its rich history and Southern hospitality. With a population of approximately 8,000 residents, Bennettsville serves as a close-knit community where traditions thrive. The town's historical significance is evident in its numerous historic buildings, including the Marlboro County Courthouse and various antebellum homes. The town is surrounded by beautiful landscapes, including parks and outdoor recreational areas, making it a peaceful place for nature lovers. Bennettsville offers a variety of community events throughout the year, promoting local culture and bringing residents together, such as the annual Spring Fest. Bennettsville’s location provides easy access to larger cities like Florence and Cheraw, offering residents a blend of small-town charm and proximity to urban amenities. The town also has a burgeoning local economy with opportunities in agriculture and retail, contributing to its development. Visitors can enjoy local dining, shopping, and exploring the surrounding South Carolina countryside. Overall, Bennettsville is a welcoming community that embodies the essence of Southern life.

πŸ” Search & Compare Places

First Location πŸ“