South Carolina · Census place 59020
Ravenel town, SC
Quick answer
Ravenel town has 2,594 residents, ranking #165 of 475 places in South Carolina. Median household income is $72,365, the median home is worth $230,100 and median gross rent runs $1,104 a month.
- Population
- 2,594Ravenel town residents
- Median household income
- $72,365Past 12 months, inflation adjusted
- Median home value
- $230,100Owner-occupied units
- Median gross rent
- $1,104Rent plus utilities, monthly
- Median age
- 42.1 yrsAll residents
- Homeownership rate
- 80.3%Owner-occupied households
What the numbers mean in Ravenel town
Housing cost measured against local earnings.
A household earning the Ravenel town median would spend about 18.3% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 3.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.8% of residents and 80.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in South Carolina.
- Ninety Six town 2,635
- New Ellenton town 2,604
- Allendale town 2,595
- Loris city 2,570
- Landrum city 2,564
- Andrews town 2,558
- Johnston town 2,518
Keep going
More South Carolina coverage.