Cost of Living in Baxter Village, SC

Population 4,355 · South Carolina · Data vintage 2023

148
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Baxter Village sits on the smaller end of the South Carolina city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Located 15 miles southwest of Charlotte, Baxter Village falls within that metro's commuting orbit. Median home values run roughly 56% higher than Charlotte's $352,000.

Cost Overview

Housing 179
Rent 102

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Baxter Village

The median home value in Baxter Village is $547,300 — 79% above the national median of $305,000. Median rent runs $1,334/month, 2% higher than the national median of $1,314/month. The median household income of $146,440/year is 96% higher than the US median of $74,580. The local unemployment rate is 4.0%, below the national average of 4.8%. South Carolina's top state income tax rate is 6.4% and the combined sales tax is 7.5%. The climate averages highs of 72.3°F and lows of 49.7°F. Overall, Baxter Village has a cost of living index of 148 versus the US average of 100, meaning it is 48% more expensive.

🏠 Housing

Median Home Value
$547,300
79% above avg
Median Rent
$1,334/mo
2% above avg
Price-to-Rent Ratio
34.2x
Favors renting
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$807
1 BR
$841
2 BR
$1,028
3 BR
$1,294
4 BR
$1,567
Owner-occupied 91.6%
Renter-occupied 8.4%

💰 Estimated Monthly Budget

Rent median rent
$1,334
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,948/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
27.7 min
3% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
24.1%

Commute Mode

Drove alone
67.3%
Carpooled
3.5%
Walked
4.3%
Work from home
24.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.4%
Total Sales Tax 7.5%
State rate 6.0%
Avg local rate 1.5%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$146,440
96% above avg
Per Capita Income
$62,751
Unemployment Rate
4.0%
16% below avg
Poverty Rate
5.9%
Labor Force Participation
56.9%

🎓 Education

Bachelor's degree+ 44.4%
Graduate degree 26.7%

👥 Demographics

Median Age 41.8
Male median age 43.1
Female median age 41

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.3°F
Avg Low
49.7°F
Annual Precip
42.4"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 525764748087908983736355
Low °F 313440485766696862493933
Precip" 3.473.153.783.553.163.974.023.983.423.013.253.62

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 47 — Good
58.4%
Good air days/yr
115
Max AQI recorded
196
PM2.5 days
169
Ozone days

Frequently Asked Questions

What is the cost of living in Baxter Village, SC?

Baxter Village has a cost index of 148 (100 = national average). It is 48% above the national average.

What is average rent in Baxter Village, SC?

The median gross rent in Baxter Village is $1,334 per month based on 2023 Census data.

What is the average home price in Baxter Village?

The median home value in Baxter Village is $547,300 according to 2023 Census ACS data.

What is the median income in Baxter Village?

The median household income in Baxter Village is $146,440 per year (2023 ACS 5-year estimates).

What is the sales tax in Baxter Village, SC?

The combined state and local sales tax rate in Baxter Village is 7.5%. The South Carolina state income tax top rate is 6.4%.

Is Baxter Village, SC affordable?

Baxter Village is above average in cost of living, with an index of 148 — about 48% higher than the national average.

What is the weather like in Baxter Village?

Baxter Village has average high temperatures of 72.3°F and average lows of 49.7°F. Annual precipitation is 42.4". Data from NOAA 1991–2020 Climate Normals.

Baxter Village at a Glance

Population
4,355
Median Income
$146,440
Home Value
$547,300
Median Rent
$1,334/mo
Unemployment
4.0%
Avg High Temp
72.3°F
Sales Tax
7.5%
View all cities in South Carolina →
🗺️ County data for South Carolina

Explore county-level cost of living data

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