South Carolina · 2026 Federal Benchmarks

Cost of Living in Georgetown County, SC

The median household in Georgetown County, SC earns $68,713 a year ($5,726/month) according to U.S. Census Bureau ACS data. Benchmark 2-bedroom rent is $1,204/month under HUD Fair Market Rents, requiring an annual income of at least $48,160 under the federal 30% housing rule, with overall consumer prices sitting 6.3% below the national baseline.

Key Economic Benchmarks

Median Household Income

$68,713$5,726 per month · U.S. Census Bureau ACS 5-Year
2-Bedroom Rent$1,204HUD FY2026 Fair Market Rent
Price Parity (RPP)93.7-6.3% vs national baseline
Electricity Rate15.6¢per kWh · EIA Residential SC
Census Population64,811Official resident count

Fair market rent & 30% rule in Georgetown County, SC

Official HUD Fair Market Rents evaluated against local household income benchmarks.

Affordable (< 30% of income)
HUD Fair Market Rent$1,204Monthly market rent
Share of gross income21%Recommended max: 30%
Annual income needed$48,160To meet the 30% standard
Max affordable rent$1,718At 30% of $68,713
0%30% (Affordability standard)100%
Compare against:

2026 HUD Fair Market Rent Schedule: Georgetown County, SC

Official FY2026 HUD Fair Market Rents for Georgetown County, SC. Under the federal 30% housing affordability standard, housing costs are sustainable when they consume 30% or less of gross household income.

HUD FY2026 Fair Market Rent Schedule for Georgetown County, SC
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$905$10,860$36,20015.8%
1-Bedroom Apartment$918$11,016$36,72016%
2-Bedroom ApartmentBenchmark$1,204$14,448$48,16021%
3-Bedroom Home$1,444$17,328$57,76025.2%
4-Bedroom Home$1,944$23,328$77,76033.9%

See dedicated rental breakdown for Georgetown County, SC →

50/30/20 Living Budget in Georgetown County, SC

Based on the local median household income of $68,713/year ($5,726/month), here is how a balanced budget allocates expenses:

Needs (50%)$2,863/moRent ($1,204 2-BR), utilities (~$140/mo), groceries, transit
Wants (30%)$1,718/moDiscretionary spending: dining, leisure, recreation at 93.7 RPP price level
Savings & Debt (20%)$1,145/moEmergency fund, 401(k), IRA retirement, student loan and debt reduction

Take-Home Pay & Tax Explorer in South Carolina

Explore net income after federal income tax, FICA, and South Carolina state income tax based on the local median baseline.

$68,713
$25,000$140,000
Filing status:
Gross salary breakdown$68,713
Net 80%
Fed 9%
SC 3%
FICA 8%
Annual take-home$54,929After all taxes
Monthly deposit$4,577Estimated per month
Biweekly paycheck$2,113Every 2 weeks (26/yr)
Effective tax rate20.1%Total tax burden
Federal income tax$6,287 / yr
South Carolina state income tax$2,240 / yr
FICA (Social Security & Medicare)$5,257 / yr

Compare earnings and living costs across South Carolina with official federal datasets:

Frequently Asked Questions About Living in Georgetown County, SC

What is the median household income in Georgetown County, SC?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Georgetown County, SC is $68,713 per year (approximately $5,726 per month).

What is the average rent in Georgetown County, SC?

According to HUD Fair Market Rent (FMR) benchmarks for 2026, standard monthly rents in Georgetown County, SC are $905 for a studio, $918 for 1 bedroom, $1,204 for 2 bedrooms, $1,444 for 3 bedrooms, and $1,944 for 4 bedrooms.

How does the cost of living in Georgetown County, SC compare to the national average?

Based on the Bureau of Economic Analysis (BEA) Regional Price Parity index, the general price level in Georgetown County, SC is 93.7 (6.3% lower than the U.S. national baseline of 100.0).

How much do you need to earn to comfortably afford rent in Georgetown County, SC?

Under the standard 30% housing affordability standard, renting a median 2-bedroom home ($1,204/month) in Georgetown County, SC requires a minimum gross household income of $48,160 per year ($4,013 per month).

What is a balanced 50/30/20 monthly budget in Georgetown County, SC?

For a typical household earning the median income of $68,713/year ($5,726/month) in Georgetown County, SC, a balanced 50/30/20 budget allocates $2,863/month to essential needs (rent, utilities, groceries), $1,718/month to discretionary spending, and $1,145/month to savings and debt repayment.

What are typical electricity and utility costs in Georgetown County, SC?

Residential electricity rates in South Carolina average 15.6¢ per kWh according to the U.S. Energy Information Administration (EIA). For an average home using 900 kWh per month, the estimated electric bill is approximately $140 per month.