Quick facts: Moncks corner, SC

Quick Facts

102.3
Cost of Living
above US average
15,262
Population
31.32
Crime Rate per 1000
above US average
$83,079
Median Income
above US average
$366,950
Median House Price
above US average
$2157.86
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 $83,079.

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Income Needed to Buy

βœ— Stretch
$115k/year
Based on $366,950 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $115k vs median $83,079
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Income Needed to Rent

⚠ Stretch
$92k/year
Based on $2157.86/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $92k vs median $83,079
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Moncks corner, SC

Moncks Corner is a charming town located in Berkeley County, South Carolina. Nestled along the banks of the beautiful Cooper River, it serves as the county seat and is known for its scenic landscapes and small-town charm. The town experiences a humid subtropical climate, characterized by hot summers and mild winters, making it an inviting destination year-round. Moncks Corner boasts a rich history and offers various recreational activities, including fishing and boating along the river. The town is home to several parks, such as the popular Cypress Gardens, where visitors can enjoy walking trails and canoeing amidst picturesque cypress trees. The local community is vibrant, with an emphasis on family-friendly events, farmers' markets, and festivals that celebrate the area's culture. Moncks Corner also has convenient access to surrounding larger cities, like Charleston, making it ideal for those seeking a quieter lifestyle while still being close enough to urban amenities. Overall, Moncks Corner is a hidden gem with a welcoming atmosphere, making it suitable for families, retirees, and anyone in search of a close-knit community.

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