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Wallace, SC Housing

 
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As of 2010-2014, median price of a house in Wallace is $64,500, which is much lower than the state average of $137,600 and is much lower than the national average of $175,700. The median year that a house in Wallace was built is 1985, which is about the same as the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 245 Owner Occupied Houses in Wallace, SC, #320
Wallace, SC
64,500 USD
South Carolina
137,600 USD
U.S.
175,700 USD
Median House Price Growth Since 2006-2010, see rank
Wallace, SC
-7.19%
South Carolina
44.99%
U.S.
46.91%

*The Wallace, SC median house price growth rate is since 2006-2010. The South Carolina and U.S population growth rate is since 2000.
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Wallace, SCSouth CarolinaU.S.
Total Housing Units502, see rank, 100%2,160,383132,741,033
Occupied Housing Units398, 79.28%, see rank83.12%87.55%
Owner Occupied245, 48.80%, see rank57.03%56.34%
Renter Occupied153, 30.48%, see rank26.09%31.21%
Vacant Housing Units104, 20.72%, see rank16.88%12.45%
For Rent0, 0.00%, see rank3.50%2.34%
For Sale Only0, 0.00%, see rank1.45%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank0.86%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank5.85%3.97%
For Migrant Workers0, 0.00%, see rank0.03%0.03%
Other Vacant104, 20.72%, see rank5.20%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #81
Wallace, SCSouth CarolinaU.S.
198519861976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Wallace, SC%South CarolinaU.S.
Owner-Occupied Units245100%1,232,15474,787,460
With a Mortgage10141.22%, see rank60.95%65.58%
Without a Mortgage14458.78%, see rank39.05%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Wallace, SC
741 USD
South Carolina
1,201 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsWallace, SC%South CarolinaU.S.
$299 or Less65.94%, see rank0.25%0.20%
$300 to $4991918.81%, see rank2.58%1.59%
$500 to $6991110.89%, see rank8.65%5.01%
$700 to $9995958.42%, see rank22.78%14.32%
$1,000 to $1,49965.94%, see rank34.15%27.90%
$1,500 to $1,99900.00%, see rank16.80%20.35%
$2,000 to $2,99900.00%, see rank10.61%19.52%
$3,000 or More00.00%, see rank4.19%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wallace, SC
31.60% of the Total Income
South Carolina
22.50% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wallace, SC%South CarolinaU.S.
10% or Less00.00%, see rank6.71%5.86%
10% to 20%3231.68%, see rank35.25%31.95%
20% to 30%1110.89%, see rank25.95%27.64%
30% to 40%2423.76%, see rank12.25%13.74%
40% or More3433.66%, see rank19.16%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Wallace, SC
314 USD
South Carolina
347 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsWallace, SC%South CarolinaU.S.
$199 or Less2920.14%, see rank13.07%7.76%
$200 to $2992517.36%, see rank24.48%14.70%
$300 to $4999062.50%, see rank40.27%34.63%
$500 to $69900.00%, see rank14.26%21.16%
$700 to $99900.00%, see rank0.00%0.00%
$1,000 or More00.00%, see rank0.00%0.00%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Wallace, SC
10.00% of the Total Income
South Carolina
11.30% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Wallace, SC%South CarolinaU.S.
10% or Less10774.31%, see rank43.95%40.19%
10% to 20%106.94%, see rank30.22%31.47%
20% to 30%00.00%, see rank10.99%12.24%
30% to 40%00.00%, see rank5.04%5.64%
40% or More1611.11%, see rank7.88%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Wallace, SCSouth CarolinaU.S.
Total Housing Units502, 100%2,160,383132,741,033
1-unit, Detached257, 51.20%, see rank62.20%61.65%
1-unit, Attached9, 1.79%, see rank2.82%5.82%
2 Units0, 0.00%, see rank2.24%3.75%
3 or 4 Units0, 0.00%, see rank2.88%4.43%
5 to 9 Units0, 0.00%, see rank4.71%4.78%
10 or More Units0, 0.00%, see rank8.19%13.08%
Mobile Home, Boat, RV, Van, etc.236, 47.01%, see rank16.97%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Wallace, SCSouth CarolinaU.S.
Total Housing Units502, 100%2,160,383132,741,033
1 Room0, 0.00%, see rank1.39%1.95%
2 Rooms0, 0.00%, see rank1.26%2.48%
3 Rooms9, 1.79%, see rank6.09%9.13%
4 Rooms82, 16.33%, see rank16.98%16.60%
5 Rooms244, 48.61%, see rank23.67%20.41%
6 Rooms98, 19.52%, see rank19.72%18.06%
7 Rooms46, 9.16%, see rank13.10%12.27%
8 Rooms23, 4.58%, see rank8.38%8.48%
9 Rooms or More0, 0.00%, see rank9.40%10.60%
Median Rooms5.20, see rank5.505.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Wallace, SCSouth CarolinaU.S.
Total Housing Units502, 100%2,160,383132,741,033
No Bedroom0, 0.00%, see rank1.46%2.17%
1 Bedroom12, 2.39%, see rank5.67%11.16%
2 Bedrooms96, 19.12%, see rank25.61%26.69%
3 Bedrooms353, 70.32%, see rank48.91%39.70%
4 Bedrooms41, 8.17%, see rank14.98%16.05%
5 or More Bedrooms0, 0.00%, see rank3.36%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Wallace, SCSouth CarolinaU.S.
Total Housing Units398, 100%1,795,715116,211,092
Utility Gas1, 0.25%, see rank23.19%48.85%
Bottled, Tank, or LP Gas50, 12.56%, see rank4.45%4.86%
Electricity316, 79.40%, see rank69.42%36.68%
Fuel Oil, Kerosene, etc.31, 7.79%, see rank1.31%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood0, 0.00%, see rank1.13%2.12%
Solar Energy0, 0.00%, see rank0.01%0.05%
Other Fuel0, 0.00%, see rank0.11%0.47%
No Fuel Used0, 0.00%, see rank0.35%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalWallace, SCSouth CarolinaU.S.
Occupied Units Paying Rent136, 100%508,63639,201,928
$199 or Less0, 0.00%, see rank1.64%1.50%
$200 to $2990, 0.00%, see rank3.64%3.18%
$300 to $49910, 7.35%, see rank9.95%7.37%
$500 to $69951, 37.50%, see rank23.11%16.01%
$700 to $99930, 22.06%, see rank35.98%29.17%
$1,000 to $1,49945, 33.09%, see rank19.71%26.88%
$1,500 to $1,9990, 0.00%, see rank4.01%9.79%
$2,000 or More0, 0.00%, see rank1.97%6.10%
Median$804, see rank$784$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Wallace, SCSouth CarolinaU.S.
Occupied Housing Units398, 100%1,795,715116,211,092
No Vehicles Available38, 9.55%, see rank7.05%9.12%
1 Vehicles Available161, 40.45%, see rank33.91%33.80%
2 Vehicles Available183, 45.98%, see rank38.53%37.48%
3 or More Vehicles Available16, 4.02%, see rank20.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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