Homewood, SC
Population 1,390 · South Carolina
About Homewood, SC
Homewood is a small town located in South Carolina with a population of 1,390 residents according to the latest US Census Bureau American Community Survey data. The median household income is $44,466 per year, which is 41% below the national median of $75,149. The median age of 49.3 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Homewood features a median home value of $183,300, which is 25% below the national median of $244,900. This positions Homewood in a moderately priced market relative to the rest of the country. Median monthly rent is $779, 33% below the national average of $1,163/month. Of the 640 total housing units, 80% are owner-occupied (446 units) and 20% are renter-occupied (109 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Homewood shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 28.6%, above the national average of 12.4%. Workers in Homewood have an average one-way commute time of 28.2 minutes.
Education & Demographics
24.3% of Homewood residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 1.0% White, 0.0% Hispanic or Latino, 3.4% Black or African American, and 0.0% Asian residents, with 1.0% of the population being foreign-born.
Cost of Living in Homewood, SC
Compared to national averages, Homewood has a median household income of $44,466 (41% below the national median of $75,149). Home values average $183,300, which is 25% below the national median. Monthly rent at $779 is 33% below the US average of $1,163. Within South Carolina, Homewood's income is 24% below the state average of $58,738, and home values are 9% below the state median of $202,187.
Why Live in Homewood, SC?
Homewood offers affordable housing with a median home value of $183,300, below the US average of $244,900, and rent that’s lower than the national average at $779/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($44,466) that falls below the national average. However, Homewood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Homewood has a population of 1,390 with a median age of 49.3 years. Compare Homewood with other cities to see how it stacks up, or explore all cities in South Carolina.
Similar Cities Near Homewood
Cities in South Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Joanna | 1,375 | $42,169 | $107,800 | Compare |
| Chapin | 1,410 | $77,632 | $200,400 | Compare |
| Holly Hill | 1,415 | $34,792 | $193,500 | Compare |
| Winnsboro Mills | 1,426 | $34,426 | $0 | Compare |
| Lamar | 1,446 | $44,000 | $112,700 | Compare |
| St. Stephen | 1,460 | $59,688 | $131,400 | Compare |
| Latta | 1,301 | $45,500 | $106,000 | Compare |
| Olympia | 1,301 | $0 | $189,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in South Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Homewood With Other Cities
Frequently Asked Questions about Homewood
What is the population of Homewood, SC?
The population of Homewood, SC is 1,390 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in South Carolina.
What is the median household income in Homewood?
The median household income in Homewood, SC is $44,466 per year, which is 41% below the national median of $75,149.
What is the median home value in Homewood?
The median home value in Homewood, SC is $183,300, which is 25% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Homewood?
The median monthly rent in Homewood, SC is $779, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Homewood?
The unemployment rate in Homewood, SC is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Homewood, SC a good place to live?
Homewood offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,390 and a median age of 49.3, the city appeals to established professionals and retirees.
How educated is Homewood, SC?
24.3% of residents in Homewood aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Homewood?
Key cost-of-living indicators for Homewood, SC: median home value is $183,300 (25% below national), median rent is $779/month, and median household income is $44,466. The home-value-to-income ratio is 4.1x, a moderate figure by national standards.
What is the poverty rate in Homewood?
The poverty rate in Homewood, SC is 28.6%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Homewood, SC?
Homewood's population is 1.0% White, 0.0% Hispanic or Latino, 3.4% Black or African American, 0.0% Asian, and 32.2% two or more races. 1.0% of residents are foreign-born.