MyNeighborhood

Can you afford to live in Anderson?

Median household income, home values and rent in Anderson, SC — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Anderson.

Median household income: $66,912 — +42.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,027/mo — +56.1% since 2015

Median home value, 2015 to 2023

  • 2015: 134400
  • 2023: 212800

Median household income

  • Anderson: 66912
  • Anderson County: 64683
  • SC: 66818
  • U.S.: 78538

Median gross rent

  • Anderson: 1027
  • Anderson County: 952
  • SC: 1126
  • U.S.: 1348

Share of income a typical renter spends on rent: 36.8% — U.S.: 30.2%

What it means

The typical household here earns $66,912 — notably lower than the national figure of $78,538.

The typical renter here spends 36.8% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+56.1% versus +42.6%), before adjusting for inflation.

Sources

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