
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.
Located in the state of South Carolina, Wade Hampton is a moderately-sized city with a population of 20,936 residents. If we take a look at the last Census, the vast majority of the population falls within one racial group (84% White). Given that fact, Wade Hampton could be considered less diverse than other cities. If you're not a fan of traffic congestion and long commute times to work, Wade Hampton is the place to be. Commutes to work here are shorter, with an average one-way commute time taking only 20 minutes, significantly lower than the national average of 26 minutes.
Living in Wade Hampton can be a fulfilling experience for anyone relocating to the town. Having said that, in the state of South Carolina, there are many desirable places to live, so choose wisely! When searching for a new neighborhood, several factors play a vital role in determining its suitability. Safety should be a top priority, ensuring a secure environment with low crime rates. Proximity to your workplace or school helps minimize commuting time and allows for a better work-life balance. Availability of essential amenities such as parks, coffee shops, restaurants, grocery stores, and healthcare facilities contributes to convenience and well-being. Access to reliable public transportation options facilitates easy commuting and connectivity. Additionally, considering the sense of community and the overall atmosphere that resonates with your lifestyle and preferences fosters a harmonious living experience. To help you find the best places to live in and around Wade Hampton, AreaVibes has created a livability score using key metrics like health & safety, employment, housing and more.
Using data and statistics Wade Hampton has received a livability score of 74 out of 100. This score is ranked in the 84th percentile when compared to all other cities. If we examine each of the categories individually, we see that Wade Hampton ranks well for cost of living (A-), education (B-) and housing (A+). Wade Hampton does not rank well for the following: amenities (F). It might be a smart idea to take a closer look at each category to find out why.
The Wade Hampton unemployment rate of 2.5% has continued to decrease over the years and is now well below the national average. The result could lead to reduced poverty and inequality in the area, higher wages and increased economic growth. This is a positive sign in the overall health of the local economy.
Real estate represents the most substantial investment for homebuyers, constituting their most valuable asset. Renters, on the other hand, typically see their monthly rent as their most significant expense. The Wade Hampton market earns a high score in the housing category, surpassing the national average in factors like home and rental affordability and appreciation rates. This robust real estate market not only benefits individual homeowners and renters but also spurs vigorous local economic activity and job growth, solidifying its significance in driving the region's prosperity and financial well-being.
There are many factors that go into deciding if an area is the right fit for your lifestyle. Certain “must haves” like low crime, great schools and nearby amenities are all at the top of most people's lists. But before even considering if those options are attainable, we'll need to know if the real estate in Wade Hampton is actually affordable. Median real estate prices in Wade Hampton come in at $406,700, which is 56.3% 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 4.7, which is 23.7% 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% |