Bamberg County, SC real estate

What the numbers say

Bamberg County, SC real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Bamberg County pay a median of $811 a year in property taxes on a median home value of $97,800, an effective rate of about 0.83%. The South Carolina average is 0.48%, which makes Bamberg County the #45 lowest-tax of 46 counties in the state with published tax data.

Renters pay a median of $815 a month, and $844 for a two-bedroom. At today's prices a typical home costs about 10 times a year's rent, which generally favors buying.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $98,000 home here comes to about $642 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $27,000 a year (the median household here earns $44,370).