Cost of Living in Anderson, SC
Population: 29,563 • 2026 Data
$44,321
Median Household Income
-43% vs national
$965
Median Monthly Rent
-28% vs national
$199,600
Median Home Value
-41% vs national
7.3%
Unemployment Rate
Housing in Anderson
The median home value in Anderson, SC is $199,600. Monthly rent for a typical unit averages $965, while total monthly housing costs (including utilities and insurance) average $958.
Rent-to-income ratio: 26.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Anderson, SC is $44,321. The unemployment rate stands at 7.3%, with a labor force of 14,509 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.