Living in Monarch Mill, South Carolina
Cost of living, income, home prices, rent and demographics of Monarch Mill · Census data 2020–2024
Monarch Mill has 1,822 residents with a median age of 33.4. The median household income is $39,350 (43% lower than the South Carolina median), the median home value is $82,600, the median rent is $666/month.
Monarch Mill at a glance
- Population
- 1,822
- Median age
- 33.4State: 40.2
- Median household income
- $39,350State: $69,324
- Median home value
- $82,600State: $259,000
- Median rent
- $666/moState: $1,180
- Homeowners
- 74.2%
- Bachelor's degree or higher
- 6%
- Average commute
- 27 min
Is Monarch Mill a good place to live?
Pros: Home values 68% lower than the state median.
Cons: Median household income 43% lower than the South Carolina median; an average commute of 27 minutes; unemployment of 9.6%; a poverty rate of 21%.
The weather is best in April–May and September–October.
Cost of living in Monarch Mill
Housing is the biggest part of the cost of living. In Monarch Mill the median home value is $82,600, 75% lower than the U.S. median. Renters pay a median of $666 per month, which is 23.3% of household income. Homeowners with a mortgage pay $780 a month in housing costs.
Monarch Mill median household income
The median household income in Monarch Mill is $39,350 and the income per person is $22,061. 21% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Monarch Mill: homes for sale and rent
- Housing units
- 780
- Owner-occupied
- 74.2%
- Renter-occupied
- 25.8%
- Vacant
- 6.2%Includes seasonal homes
- Median year built
- 1965
- Average household size
- 2.49
Monarch Mill demographics
- Population
- 1,822
- Median age
- 33.4
- Under 18
- 28.1%
- 65 and older
- 18.6%
- Households
- 732
- Foreign-born
- 0.2%
- Veterans
- 3.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Monarch Mill ›
Education in Monarch Mill
6% of adults 25 and older in Monarch Mill have a bachelor's degree or higher (South Carolina: 32.1%), and 1.7% have a graduate or professional degree.
Jobs and commute in Monarch Mill
- Unemployment rate
- 9.6%State: 4.9%
- Average commute
- 27 minState: 26 min
- Work from home
- 0.9%
- Drive alone
- 76%
- Public transit
- 0%
- Walk to work
- 0.7%
- Homes with broadband
- 87.3%
Monarch Mill vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Monarch Mill | 1,822 | $39,350 | $82,600 | $666 |
| Union | 8,079 | $31,914 | $109,400 | $832 |
| Buffalo | 1,329 | $21,614 | $46,400 | — |
| Lockhart | 405 | $39,000 | $37,500 | $1,069 |
| Jonesville | 1,118 | $40,625 | $91,700 | $505 |
| Carlisle | 494 | $61,029 | $66,300 | $1,000 |
| Whitmire | 1,319 | $37,837 | $53,500 | $802 |
| Central Pacolet | 206 | $28,500 | $112,500 | $755 |
| Glenn Springs | 236 | $143,558 | $277,500 | — |
More for people moving to Monarch Mill
Monarch Mill ZIP code ›Weather and climate ›Living in Monarch Mill: FAQ
What is the median household income in Monarch Mill, SC?
The median household income in Monarch Mill is $39,350, 43% 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 Monarch Mill?
The median home value in Monarch Mill is $82,600, compared with $259,000 in South Carolina.
How much is rent in Monarch Mill?
The median gross rent in Monarch Mill is $666 per month, about 23.3% of household income.
Is Monarch Mill, SC a good place to live?
Pluses: home values 68% lower than the state median. Minuses: median household income 43% lower than the South Carolina median; an average commute of 27 minutes; unemployment of 9.6%; a poverty rate of 21%.
What is the median age in Monarch Mill?
The median age in Monarch Mill is 33.4 years (South Carolina: 40.2).
How long is the commute in Monarch Mill?
The average commute to work in Monarch Mill is 27 minutes; 0.9% of workers work from home.
What is the unemployment rate in Monarch Mill?
The unemployment rate in Monarch Mill is 9.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Monarch Mill?
6% of adults in Monarch Mill 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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