Living in Ravenel, South Carolina
Cost of living, income, home prices, rent and demographics of Ravenel · Census data 2020–2024
Ravenel has 2,615 residents with a median age of 39.1. The median household income is $82,738 (19% higher than the South Carolina median), the median home value is $238,700, the median rent is $1,115/month.
Ravenel at a glance
- Population
- 2,615
- Median age
- 39.1State: 40.2
- Median household income
- $82,738State: $69,324
- Median home value
- $238,700State: $259,000
- Median rent
- $1,115/moState: $1,180
- Homeowners
- 86.5%
- Bachelor's degree or higher
- 26.9%
- Average commute
- 28 min
Is Ravenel a good place to live?
Pros: Median household income 19% higher than the South Carolina median; home values 8% lower than the state median; unemployment of 0%.
Cons: An average commute of 28 minutes; a poverty rate of 19%.
The weather is best in April–May and October–November.
Cost of living in Ravenel
Housing is the biggest part of the cost of living. In Ravenel the median home value is $238,700, 28% lower than the U.S. median. Renters pay a median of $1,115 per month, which is 35% of household income. Homeowners with a mortgage pay $1,694 a month in housing costs.
Ravenel median household income
The median household income in Ravenel is $82,738 and the income per person is $39,137. 19% of residents live below the poverty line (South Carolina: 14.1%).
Housing in Ravenel: homes for sale and rent
- Housing units
- 1,063
- Owner-occupied
- 86.5%
- Renter-occupied
- 13.5%
- Vacant
- 6.7%Includes seasonal homes
- Median year built
- 1993
- Average household size
- 2.64
Ravenel demographics
- Population
- 2,615
- Median age
- 39.1
- Under 18
- 28.8%
- 65 and older
- 14%
- Households
- 992
- Foreign-born
- 11.8%
- Veterans
- 10.3%Adults 18+
Hispanic or Latino can be of any race. Population history of Ravenel ›
Education in Ravenel
26.9% of adults 25 and older in Ravenel have a bachelor's degree or higher (South Carolina: 32.1%), and 17% have a graduate or professional degree.
Jobs and commute in Ravenel
- Unemployment rate
- 0%State: 4.9%
- Average commute
- 28 minState: 26 min
- Work from home
- 4.6%
- Drive alone
- 79.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 96%
Ravenel vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Ravenel | 2,615 | $82,738 | $238,700 | $1,115 |
| Hollywood | 5,382 | $73,693 | $460,100 | $1,625 |
| Meggett | 1,307 | $97,865 | $714,100 | — |
| Adams Run | 469 | $79,107 | — | — |
| Rockville | 121 | $82,500 | $459,100 | $2,083 |
| North Charleston | 119,913 | $62,956 | $302,200 | $1,430 |
| Seabrook Island | 2,204 | $127,500 | $1,001,400 | $3,501 |
| Charleston | 154,338 | $92,414 | $509,700 | $1,722 |
| Kiawah Island | 2,326 | $213,594 | $2,000,001 | — |
More for people moving to Ravenel
Ravenel ZIP code ›Weather and climate ›Living in Ravenel: FAQ
What is the median household income in Ravenel, SC?
The median household income in Ravenel is $82,738, 19% higher 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 Ravenel?
The median home value in Ravenel is $238,700, compared with $259,000 in South Carolina.
How much is rent in Ravenel?
The median gross rent in Ravenel is $1,115 per month, about 35% of household income.
Is Ravenel, SC a good place to live?
Pluses: median household income 19% higher than the South Carolina median; home values 8% lower than the state median; unemployment of 0%. Minuses: an average commute of 28 minutes; a poverty rate of 19%.
What is the median age in Ravenel?
The median age in Ravenel is 39.1 years (South Carolina: 40.2).
How long is the commute in Ravenel?
The average commute to work in Ravenel is 28 minutes; 4.6% of workers work from home.
What is the unemployment rate in Ravenel?
The unemployment rate in Ravenel is 0% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Ravenel?
26.9% of adults in Ravenel 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.
Last updated: