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Housing Affordability in Wallace, SC
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 36.5%
- South Carolina 27.9%
- Renters paying 30%+
- 0.0%
- South Carolina 52.1%
- Homeowners paying 30%+
- 36.8%
- South Carolina 19.4%
- Owner costs with a mortgage
- $862/mo
- South Carolina $1,529/mo
Wallace has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more00.0%
- Homeowners paying 30% or more12036.8%
- Renters paying 50% or more00.0%
- Median owner costs as a share of income, with a mortgage: 38.8%
- Median owner costs without a mortgage: $401/mo
- Median home value divided by median household income: 3.0
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Wallace, SC | 36.5% | 0.0% | 36.8% | Not reported |
| Marlboro County | 28.2% | 51.8% | 18.5% | 31.2% |
| South Carolina | 27.9% | 52.1% | 19.4% | 31.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Wallace, SC?
- In Wallace, SC, 36.5% of households spend 30% or more of their income on housing costs.
- How does Wallace compare with South Carolina?
- The households paying 30%+ for housing in Wallace is 36.5%, compared with 27.9% for South Carolina as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates