Everyday cost of living expenses like goods and services, housing, groceries, transportation, health care and utilities are far below the national average.
Impressive scores in the housing category characterize this area, potentially attributed to the availability of affordable housing, strong appreciation rates and high home values.
Accessible health facilities like hospitals, doctors offices, clinics and nursing homes as well as good air quality are all factors that have led to a high score in this category.
The majority of amenities will be difficult to reach within a short walk, often requiring residents to use a vehicle or public transportation for access.
Wade Hampton is a medium-sized city located in the state of South Carolina. The city has a population of 20,192 inhabitants. At 84%, the majority of the Wade Hampton population is White; this is followed by 7% Black and 4% Asian. If you are not a fan of long commutes, you will enjoy living in Wade Hampton. With an average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Whether you’re relocating to a new town to be closer to family, friends or for a new job, living in Wade Hampton could be a positive experience compared to other cities in South Carolina if you know where to search. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. Using the livability score which includes data from categories like amenities, cost of living, commute, you can easily compare the best places to live in Wade Hampton and also determine if there are any nearby cities that might be a better match for your lifestyle. You can also compare Wade Hampton to South Carolina and the national average.
With a livability score of 73 out of 100, Wade Hampton is ranked #4,477 in the United States and #28 in South Carolina. For each of the livability categories, we know that Wade Hampton ranks very well for cost of living (A-), education (B) and housing (A+). Regrettably for Wade Hampton, there are some categories for which it does not rank well, this includes: amenities (F) and crime (D).
Unemployment rates can range pretty dramatically from one city to another. Knowing that Wade Hampton has an unemployment rate of 2.36% could mean increased job opportunities with a higher demand for workers. It could also lead to higher wages, as the demand for workers exceeds the availability of jobs. Most importantly, it could be a sign of a healthy and thriving local economy.
A healthy real estate market serves as a key economic indicator. It could signify overall local economic strength, stability and reflects consumer confidence in the area. Based on multiple factors including: median home and rental prices, appreciation rates and home affordability, Wade Hampton has received high marks in the housing category. Based on these calculations, the apartment rental and real estate market appears to be very healthy.
Assuming that Wade Hampton meets all of your requirements like low crime rates, good schools and great local amenities, the next most important item to examine is the affordability of real estate in Wade Hampton. Everything else becomes a lot less important if it turns out that home prices in Wade Hampton are simply unattainable. Median real estate prices in Wade Hampton come in at $220,800, which is 53.8% higher than the South Carolina average. The home price to income ratio compares the median home prices to the median household income. In Wade Hampton, the home price to income ratio is 3.8, which is 22.6% higher than the South Carolina average.
Statistic | Wade Hampton | South Carolina | National |
Average one way commute | 20min | 24min | 26min |
Workers who drive to work | 81.3% | 82.8% | 76.4% |
Workers who carpool | 5.6% | 9.3% | 9.3% |
Workers who take public transit | 0.0% | 0.6% | 5.1% |
Workers who bicycle | 0.3% | 0.3% | 0.6% |
Workers who walk | 1.3% | 2.2% | 2.8% |
Working from home | 9.1% | 3.6% | 4.6% |