Gantt, SC

Very Low · 62

South Carolina · Population 15,057 · Updated March 2026

$1,021
Median Rent / Month
$47,265
Median Income
$156,200
Median Home Value
$894
Owner Costs / Month

Affordability

How far your income goes in Gantt

25.9%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

Tax Burden in South Carolina

State-level tax rates that affect your costs

6.4%
Income Tax (Top Rate)
6.0%
Sales Tax
0.57%
Property Tax Rate

Estimated Annual Costs

$12,252
Annual Rent
$3,025
State Income Tax
$890
Property Tax (est.)

Cost of Living Overview

Gantt is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 62 (where 100 equals the national median), Gantt residents can expect to pay median rent of $1,021/month while earning a median household income of $47,265/year.

The median home value in Gantt, SC is $156,200, with typical monthly owner costs around $894 including mortgage, insurance, and taxes. With a rent-to-income ratio of 25.9%, Gantt falls within the generally affordable range, though it's approaching the 30% burden threshold.

South Carolina has a moderate income tax rate of 6.4%. Combined with a 6.0% sales tax rate and 0.57% effective property tax rate, the overall tax environment is a factor in the total cost of living in Gantt.

Frequently Asked Questions

Common questions about living costs in Gantt

What is the cost of living in Gantt, SC?
The cost of living index in Gantt, SC is 62 (US average = 100). Median monthly rent is $1,021, median household income is $47,265/year, and the median home value is $156,200.
Is Gantt, SC affordable?
Yes, Gantt is more affordable than the national average with a cost index of 62. The rent-to-income ratio is 25.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Gantt, SC?
The median gross rent in Gantt, SC is $1,021 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,252.
What is the median household income in Gantt?
The median household income in Gantt, SC is $47,265 per year. This compares to the national median of approximately $80,000.
What are the taxes like in South Carolina?
South Carolina has a top income tax rate of 6.4%, a sales tax of 6.0%, and an effective property tax rate of 0.57%.