Living in Cheraw, South Carolina
Cost of living, income, home prices, rent and demographics of Cheraw · Census data 2020–2024
Cheraw has 4,960 residents with a median age of 44.6. The median household income is $26,689 (62% lower than the South Carolina median), the median home value is $152,200, the median rent is $800/month.
Cheraw at a glance
- Population
- 4,960
- Median age
- 44.6State: 40.2
- Median household income
- $26,689State: $69,324
- Median home value
- $152,200State: $259,000
- Median rent
- $800/moState: $1,180
- Homeowners
- 47.8%
- Bachelor's degree or higher
- 20.3%
- Average commute
- 14 min
Is Cheraw a good place to live?
Pros: Home values 41% lower than the state median; an average commute of 14 minutes.
Cons: Median household income 62% lower than the South Carolina median; unemployment of 11.8%; a poverty rate of 37%.
The weather is best in April–May and September–October.
Cost of living in Cheraw
Housing is the biggest part of the cost of living. In Cheraw the median home value is $152,200, 54% lower than the U.S. median. Renters pay a median of $800 per month, which is 38.8% of household income. Homeowners with a mortgage pay $1,325 a month in housing costs.
Cheraw median household income
The median household income in Cheraw is $26,689 and the income per person is $27,463. 37% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Cheraw: homes for sale and rent
- Housing units
- 2,601
- Owner-occupied
- 47.8%
- Renter-occupied
- 52.2%
- Vacant
- 13.7%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.09
Cheraw demographics
- Population
- 4,960
- Median age
- 44.6
- Under 18
- 21%
- 65 and older
- 19%
- Households
- 2,245
- Foreign-born
- 5%
- Veterans
- 4.6%Adults 18+
Hispanic or Latino can be of any race. Population history of Cheraw ›
Education in Cheraw
20.3% of adults 25 and older in Cheraw have a bachelor's degree or higher (South Carolina: 32.1%), and 8% have a graduate or professional degree.
Jobs and commute in Cheraw
- Unemployment rate
- 11.8%State: 4.9%
- Average commute
- 14 minState: 26 min
- Work from home
- 2.1%
- Drive alone
- 82.2%
- Public transit
- 0%
- Walk to work
- 4.6%
- Homes with broadband
- 78.5%
Cheraw vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Cheraw | 4,960 | $26,689 | $152,200 | $800 |
| Wallace | 665 | $32,703 | $97,600 | — |
| Cash | 754 | $97,115 | $96,500 | — |
| Chesterfield | 1,465 | $44,526 | $184,200 | $760 |
| Patrick | 331 | $34,773 | $51,900 | $753 |
| Morven | 362 | $28,125 | $110,700 | $877 |
| Society Hill | 388 | $32,656 | $92,800 | $825 |
| Bennettsville | 7,751 | $37,115 | $92,100 | $671 |
| Ruby | 244 | $75,313 | $114,400 | $763 |
More for people moving to Cheraw
Cheraw ZIP code ›Weather and climate ›Living in Cheraw: FAQ
What is the median household income in Cheraw, SC?
The median household income in Cheraw is $26,689, 62% lower than the South Carolina median of $69,324 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Cheraw?
The median home value in Cheraw is $152,200, compared with $259,000 in South Carolina.
How much is rent in Cheraw?
The median gross rent in Cheraw is $800 per month, about 38.8% of household income.
Is Cheraw, SC a good place to live?
Pluses: home values 41% lower than the state median; an average commute of 14 minutes. Minuses: median household income 62% lower than the South Carolina median; unemployment of 11.8%; a poverty rate of 37%.
What is the median age in Cheraw?
The median age in Cheraw is 44.6 years (South Carolina: 40.2).
How long is the commute in Cheraw?
The average commute to work in Cheraw is 14 minutes; 2.1% of workers work from home.
What is the unemployment rate in Cheraw?
The unemployment rate in Cheraw is 11.8% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Cheraw?
20.3% of adults in Cheraw have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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