Taylors, SC

Below Avg · 82

South Carolina · Population 23,686 · Updated March 2026

$1,260
Median Rent / Month
$71,747
Median Income
$242,700
Median Home Value
$1,078
Owner Costs / Month

Affordability

How far your income goes in Taylors

21.1%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

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

$15,120
Annual Rent
$4,592
State Income Tax
$1,383
Property Tax (est.)

Cost of Living Overview

Taylors is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 82 (where 100 equals the national median), Taylors residents can expect to pay median rent of $1,260/month while earning a median household income of $71,747/year.

The median home value in Taylors, SC is $242,700, with typical monthly owner costs around $1,078 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.1% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

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 Taylors.

Frequently Asked Questions

Common questions about living costs in Taylors

What is the cost of living in Taylors, SC?
The cost of living index in Taylors, SC is 82 (US average = 100). Median monthly rent is $1,260, median household income is $71,747/year, and the median home value is $242,700.
Is Taylors, SC affordable?
Yes, Taylors is more affordable than the national average with a cost index of 82. The rent-to-income ratio is 21.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Taylors, SC?
The median gross rent in Taylors, SC is $1,260 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,120.
What is the median household income in Taylors?
The median household income in Taylors, SC is $71,747 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%.