Home Affordability in 29301
Spartanburg, SC — Spartanburg County
The median home price in ZIP code 29301 (Spartanburg) is $195,000 with a median household income of $40,000. The price-to-income ratio is 4.9x.
Median Home Price
$195,000
Median Income
$40,000
Price-to-Income
4.9x
Est. Affordable Home
$156,000
Property Tax Rate
0.56%
Annual Property Tax
$1,092
Cost of Living
85
Metro Area
Spartanburg MSA
Down Payment Scenarios for ZIP 29301
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $5,850 | $189,150 | Yes |
| 5% | $9,750 | $185,250 | Yes |
| 10% | $19,500 | $175,500 | Yes |
| 20% | $39,000 | $156,000 | No |
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