Red Bank, SC
Population 10,950 · South Carolina
About Red Bank, SC
Red Bank is a mid-sized city located in South Carolina with a population of 10,950 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,348 per year, which is 20% below the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Red Bank features a median home value of $176,200, which is 28% below the national median of $244,900. This positions Red Bank in a moderately priced market relative to the rest of the country. Median monthly rent is $1,141, 2% below the national average of $1,163/month. Of the 4,414 total housing units, 75% are owner-occupied (3,197 units) and 25% are renter-occupied (1,043 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Red Bank shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.6%, above the national average of 12.4%. Workers in Red Bank have an average one-way commute time of 23.6 minutes.
Education & Demographics
18.7% of Red Bank 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 2.9% White, 0.6% Hispanic or Latino, 2.0% Black or African American, and 1.0% Asian residents, with 3.5% of the population being foreign-born.
Cost of Living in Red Bank, SC
Compared to national averages, Red Bank has a median household income of $60,348 (20% below the national median of $75,149). Home values average $176,200, which is 28% below the national median. Monthly rent at $1,141 is 2% below the US average of $1,163. Within South Carolina, Red Bank's income is 3% above the state average of $58,738, and home values are 13% below the state median of $202,187.
Why Live in Red Bank, SC?
Red Bank offers affordable housing with a median home value of $176,200, below the US average of $244,900, and rent that’s lower than the national average at $1,141/month, and short commute times averaging just 23.6 minutes.
Potential considerations include median household income ($60,348) that falls below the national average. However, Red Bank’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Red Bank has a population of 10,950 with a median age of 38 years. Compare Red Bank with other cities to see how it stacks up, or explore all cities in South Carolina.
Similar Cities Near Red Bank
Cities in South Carolina with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Garden City | 10,820 | $50,027 | $194,100 | Compare |
| Newberry | 10,733 | $47,885 | $124,600 | Compare |
| Fountain Inn | 11,307 | $72,021 | $255,400 | Compare |
| Powdersville | 11,321 | $88,125 | $318,600 | Compare |
| Forest Acres | 10,491 | $76,417 | $260,500 | Compare |
| Little River | 10,457 | $64,590 | $267,800 | Compare |
| James Island | 11,738 | $100,176 | $454,200 | Compare |
| Irmo | 11,799 | $85,137 | $193,100 | 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 Red Bank With Other Cities
Frequently Asked Questions about Red Bank
What is the population of Red Bank, SC?
The population of Red Bank, SC is 10,950 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in South Carolina.
What is the median household income in Red Bank?
The median household income in Red Bank, SC is $60,348 per year, which is 20% below the national median of $75,149.
What is the median home value in Red Bank?
The median home value in Red Bank, SC is $176,200, which is 28% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Red Bank?
The median monthly rent in Red Bank, SC is $1,141, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Red Bank?
The unemployment rate in Red Bank, SC is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Red Bank, SC a good place to live?
Red Bank offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 10,950 and a median age of 38, the city appeals to a broad range of residents.
How educated is Red Bank, SC?
18.7% of residents in Red Bank 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 Red Bank?
Key cost-of-living indicators for Red Bank, SC: median home value is $176,200 (28% below national), median rent is $1,141/month, and median household income is $60,348. The home-value-to-income ratio is 2.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Red Bank?
The poverty rate in Red Bank, SC is 12.6%, 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 Red Bank, SC?
Red Bank's population is 2.9% White, 0.6% Hispanic or Latino, 2.0% Black or African American, 1.0% Asian, and 12.7% two or more races. 3.5% of residents are foreign-born.