MyNeighborhood

Can you afford to live in Hilton Head Island?

Median household income, home values and rent in Hilton Head Island, 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 Hilton Head Island.

Median household income: $96,715 — +45.1% since 2015 (not adjusted for inflation)

Median gross rent: $1,518/mo — +42.4% since 2015

Median home value, 2015 to 2023

  • 2015: 434900
  • 2023: 652100

Median household income

  • Hilton Head Island: 96715
  • Beaufort County: 84819
  • SC: 66818
  • U.S.: 78538

Median gross rent

  • Hilton Head Island: 1518
  • Beaufort County: 1484
  • SC: 1126
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.9% — U.S.: 30.2%

What it means

The typical household here earns $96,715 — notably higher than the national figure of $78,538.

The typical renter here spends 30.9% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+45.1% versus +42.4%), before adjusting for inflation.

Sources

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