Ravenel, SC
Population 2,594 · South Carolina
About Ravenel, SC
Ravenel is a small town located in South Carolina with a population of 2,594 residents according to the latest US Census Bureau American Community Survey data. The median household income is $72,365 per year, which is 4% below the national median of $75,149. The median age of 42.1 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 Ravenel features a median home value of $230,100, which is 6% below the national median of $244,900. This positions Ravenel in a moderately priced market relative to the rest of the country. Median monthly rent is $1,104, 5% below the national average of $1,163/month. Of the 1,122 total housing units, 80% are owner-occupied (835 units) and 20% are renter-occupied (205 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ravenel 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 18.8%, above the national average of 12.4%. Workers in Ravenel have an average one-way commute time of 27.3 minutes.
Education & Demographics
28.4% of Ravenel 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 7.8% White, 1.7% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 12.0% of the population being foreign-born.
Cost of Living in Ravenel, SC
Compared to national averages, Ravenel has a median household income of $72,365 (4% below the national median of $75,149). Home values average $230,100, which is 6% below the national median. Monthly rent at $1,104 is 5% below the US average of $1,163. Within South Carolina, Ravenel's income is 23% above the state average of $58,738, and home values are 14% above the state median of $202,187.
Why Live in Ravenel, SC?
Ravenel offers affordable housing with a median home value of $230,100, below the US average of $244,900, and rent that’s lower than the national average at $1,104/month, and a strong job market with an unemployment rate of just 0.0%.
Potential considerations include median household income ($72,365) that falls below the national average. However, Ravenel’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ravenel has a population of 2,594 with a median age of 42.1 years. Compare Ravenel with other cities to see how it stacks up, or explore all cities in South Carolina.
Similar Cities Near Ravenel
Cities in South Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Allendale | 2,595 | $25,250 | $65,300 | Compare |
| New Ellenton | 2,604 | $60,625 | $164,900 | Compare |
| Loris | 2,570 | $36,158 | $195,600 | Compare |
| Landrum | 2,564 | $41,161 | $194,700 | Compare |
| Andrews | 2,558 | $53,611 | $111,400 | Compare |
| Ninety Six | 2,635 | $53,438 | $114,000 | Compare |
| Johnston | 2,518 | $34,957 | $100,400 | Compare |
| McCormick | 2,681 | $40,269 | $88,400 | 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 Ravenel With Other Cities
Frequently Asked Questions about Ravenel
What is the population of Ravenel, SC?
The population of Ravenel, SC is 2,594 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 Ravenel?
The median household income in Ravenel, SC is $72,365 per year, which is 4% below the national median of $75,149.
What is the median home value in Ravenel?
The median home value in Ravenel, SC is $230,100, which is 6% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ravenel?
The median monthly rent in Ravenel, SC is $1,104, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Ravenel?
The unemployment rate in Ravenel, 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 Ravenel, SC a good place to live?
Ravenel offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,594 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Ravenel, SC?
28.4% of residents in Ravenel 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 Ravenel?
Key cost-of-living indicators for Ravenel, SC: median home value is $230,100 (6% below national), median rent is $1,104/month, and median household income is $72,365. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ravenel?
The poverty rate in Ravenel, SC is 18.8%, 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 Ravenel, SC?
Ravenel's population is 7.8% White, 1.7% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 48.0% two or more races. 12.0% of residents are foreign-born.