McCormick County, SC at a glance
Median household income
$55,798$4,650 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in McCormick County, SC?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in McCormick County, SC? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for McCormick County, SC, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $719 | $8,628 | $28,760 | 15.5% |
| 1-Bedroom Apartment | $729 | $8,748 | $29,160 | 15.7% |
| 2-Bedroom ApartmentBenchmark | $956 | $11,472 | $38,240 | 20.6% |
| 3-Bedroom Home | $1,251 | $15,012 | $50,040 | 26.9% |
| 4-Bedroom Home | $1,320 | $15,840 | $52,800 | 28.4% |
Rent in McCormick County, SC, with the wage each unit needs →
What a typical income covers in McCormick County, SC
The 50/30/20 rule applied to the local median of $55,798 a year ($4,650 a month before tax).
What $55,798 leaves after South Carolina taxes
Federal income tax, Social Security, Medicare and South Carolina tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in South Carolina
Living in McCormick County, SC: common questions
What is the median household income in McCormick County, SC?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in McCormick County, SC is $55,798 per year (approximately $4,650 per month).
What is the average rent in McCormick County, SC?
The closest official figure is HUD's Fair Market Rent for 2026: $719 for a studio, $729 for one bedroom, $956 for two, $1,251 for three and $1,320 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is McCormick County, SC expensive to live in?
Prices there run 6.3% below the U.S. average. BEA's regional price parity for South Carolina is 93.7, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in McCormick County, SC?
To keep a $956 two-bedroom under 30% of gross income, a household needs about $38,240 a year, or $3,187 a month. That is 69% of what the typical household in McCormick County, SC earns.
How much do you need to live comfortably in McCormick County, SC?
On the local median income of $55,798 ($4,650 a month before tax), the 50/30/20 rule leaves $2,325 a month for needs like rent, utilities and groceries, $1,395 for everything else and $930 for savings or debt. A two-bedroom at $956 takes 41% of the needs share.
How much is the electric bill in McCormick County, SC?
Homes in South Carolina paid 15.6¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $140. Your bill depends mostly on heating and cooling.