Cost of Living in Saxon, SC

Population 4,139 · South Carolina · Data vintage 2023

41
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $28,394, median household incomes in Saxon land roughly 62% below the US median, a gap that tends to persist across local labor-market indicators. Around 44% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Located 65 miles west of Charlotte, Saxon is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 80% lower than Charlotte's $352,000.

Cost Overview

Housing 23
Rent 69

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

About the Cost of Living in Saxon

The median home value in Saxon is $68,900 — 77% below the national median of $305,000. Median rent runs $909/month, 31% lower than the national median of $1,314/month. The median household income of $28,394/year is 62% lower than the US median of $74,580. The local unemployment rate is 11.2%, above 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 50.4°F, with about 3.9" of annual snowfall. Overall, Saxon has a cost of living index of 41 versus the US average of 100, meaning it is 59% less expensive.

🏠 Housing

Median Home Value
$68,900
77% below avg
Median Rent
$909/mo
31% below avg
Price-to-Rent Ratio
6.3x
Favors buying
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 45.2%
Renter-occupied 54.8%

💰 Estimated Monthly Budget

Rent median rent
$909
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,523/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
19.0 min
30% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
2.4%

Commute Mode

Drove alone
66.1%
Carpooled
26.7%
Public transit
0.6%
Walked
4.2%
Work from home
2.4%

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
$28,394
62% below avg
Per Capita Income
$15,881
Unemployment Rate
11.2%
132% above avg
Poverty Rate
44.3%
Labor Force Participation
56.3%

🎓 Education

Bachelor's degree+ 8.9%
Graduate degree 3.7%

👥 Demographics

Median Age 27.6
Male median age 26.2
Female median age 27.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
72.3°F
Avg Low
50.4°F
Annual Precip
49.7"
Annual Snowfall
3.9"
30° 48° 65° 83° 100° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 535764738087908983736355
Low °F 323541495866696862504035
Precip" 4.123.844.484.044.073.904.824.663.733.593.844.58
Snow" 1.61.00.60.00.00.00.00.00.00.00.10.6

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
45.5%
Good air days/yr
136
Max AQI recorded
265
PM2.5 days
100
Ozone days

Frequently Asked Questions

What is the cost of living in Saxon, SC?

Saxon has a cost index of 41 (100 = national average). It is 59% below the national average.

What is average rent in Saxon, SC?

The median gross rent in Saxon is $909 per month based on 2023 Census data.

What is the average home price in Saxon?

The median home value in Saxon is $68,900 according to 2023 Census ACS data.

What is the median income in Saxon?

The median household income in Saxon is $28,394 per year (2023 ACS 5-year estimates).

What is the sales tax in Saxon, SC?

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

Is Saxon, SC affordable?

Yes, Saxon is generally considered affordable, with a cost of living index of 41 — about 59% below the US national average of 100.

What is the weather like in Saxon?

Saxon has average high temperatures of 72.3°F and average lows of 50.4°F. Annual precipitation is 49.7". Average annual snowfall is 3.9". Data from NOAA 1991–2020 Climate Normals.

Saxon at a Glance

Population
4,139
Median Income
$28,394
Home Value
$68,900
Median Rent
$909/mo
Unemployment
11.2%
Avg High Temp
72.3°F
Sales Tax
7.5%
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