Nichols, SC
Population 195 · South Carolina
About Nichols, SC
Nichols is a small community located in South Carolina with a population of 195 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,471 per year, which is 38% below the national median of $75,149. The median age of 50.2 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 Nichols features a median home value of $72,500, which is 70% below the national median of $244,900. This makes Nichols one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 165 total housing units, 87% are owner-occupied (82 units) and 13% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nichols shows an unemployment rate of 3.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 17.4%, above the national average of 12.4%. Workers in Nichols have an average one-way commute time of 30.2 minutes.
Education & Demographics
18.7% of Nichols residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 8.7% Hispanic or Latino, 0.0% Black or African American, and 1.5% Asian residents, with 3.6% of the population being foreign-born.
How Nichols Ranks in South Carolina
Cost of Living in Nichols, SC
Compared to national averages, Nichols has a median household income of $46,471 (38% below the national median of $75,149). Home values average $72,500, which is 70% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within South Carolina, Nichols's income is 21% below the state average of $58,738, and home values are 64% below the state median of $202,187.
Why Live in Nichols, SC?
Nichols offers affordable housing with a median home value of $72,500, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.6%.
Potential considerations include median household income ($46,471) that falls below the national average. However, Nichols’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nichols has a population of 195 with a median age of 50.2 years. Compare Nichols with other cities to see how it stacks up, or explore all cities in South Carolina.
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Cities in South Carolina with a similar population size.
Demographics
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Economy & Education
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Other Cities in South Carolina
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Nichols
What is the population of Nichols, SC?
The population of Nichols, SC is 195 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in South Carolina.
What is the median household income in Nichols?
The median household income in Nichols, SC is $46,471 per year, which is 38% below the national median of $75,149.
What is the median home value in Nichols?
The median home value in Nichols, SC is $72,500, which is 70% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nichols?
The median monthly rent in Nichols, SC is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Nichols?
The unemployment rate in Nichols, SC is 3.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Nichols, SC a good place to live?
Nichols offers a moderate cost of living, affordable housing, and a strong job market. With a population of 195 and a median age of 50.2, the city appeals to established professionals and retirees.
How educated is Nichols, SC?
18.7% of residents in Nichols 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 Nichols?
Key cost-of-living indicators for Nichols, SC: median home value is $72,500 (70% below national), median rent is $0/month, and median household income is $46,471. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Nichols?
The poverty rate in Nichols, SC is 17.4%, 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 Nichols, SC?
Nichols's population is 0.0% White, 8.7% Hispanic or Latino, 0.0% Black or African American, 1.5% Asian, and 27.7% two or more races. 3.6% of residents are foreign-born.