Measured against area pay, Arkwright costs less to live in than 71% of U.S. towns
It ranks #46 of 168 in South Carolina for affordability. Home prices around Arkwright have risen about 72% over the past 5 years.
Census 2020–24 home values, rents, tax bills and cost burden, measured against the median household income of the Spartanburg, SC metro area ($64K). How TownRatings grades cost of living
Only 3 sales in September 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
The grade compares costs with what households across the Spartanburg metro earn ($64K, Census 2020–24). The typical home costs 2.5 years of metro income, and 46% of renters pay 30% or more of income for housing.
In dollars
- $1,170a month for a two-bedroom, utilities includedHUD Fair Market Rent, 2026
- 91prices across the Spartanburg metro, where the U.S. is 100 (housing 68)BEA Regional Price Parities, 2024
In paychecks the grade
- 2.5 yrsof area income buys the typical home; the typical U.S. town: 3.3$64K, Spartanburg-area income
- 18%of area income goes to the median rent; the typical U.S. town: 18%Census 2020–24
- 46%of renters pay 30%+ of income for housing; across South Carolina: 52%Census 2020–24
- 7%of owners do; the typical U.S. town: 20%Census 2020–24
What stands out about housing in Arkwright
What’s behind Arkwright’s grade
Measured against what households in the area earn, Arkwright is more affordable than 71% of U.S. towns, #46 of 168 in South Carolina. The share of households paying 30%+ for housing pulls the grade down most; property tax holds it up.
Home prices up 72% in 5 years
The federal house price index for the ZIP codes around Arkwright rose 72% over the past 5 years, faster than across South Carolina (60%). Last year prices rose 11%. Carrying the Census median home value forward with that index puts the typical Arkwright home at roughly $213,000 today.
Carrying the Census median forward with the index puts a typical home at about $213K.
Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Arkwright, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.
A typical home costs 2.5 years of area income
The calculator starts from the area income the grade uses. Switch to Arkwright’s own median, or type yours.
That covers a typical Arkwright home, with $49K to spare.
A two-bedroom rents for about $1,170 a month here, $40 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Arkwright’s typical property tax (0.55% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $1,170
Renters already here pay a median of $981, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Spartanburg, SC HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Low tax bills, but a high tax rate
The median bill is $895, under the South Carolina median of $1,251, because homes cost less. As a share of value it’s 0.55% a year, against 0.48% statewide.
Census American Community Survey 2020–24: the median real-estate tax bill homeowners report, and that bill ÷ the median home value. Bills include town, school and county taxes. The Census reports bills over $10,000 only as “$10,000+”.
The rest of a budget near Arkwright
Only figures published free for the whole country, each labeled with the area it covers: the Spartanburg, SC metro area, or South Carolina. Groceries follow the goods price level; nobody publishes them town by town.
| Cost | Here | Compared with | Area | Source |
|---|---|---|---|---|
| Prices overall U.S. = 100 | 91 | SC 94 | metro | BEA, 2024 |
| Goods (groceries, clothing, cars…) U.S. = 100 | 96 | SC 96 | metro | BEA, 2024 |
| Utilities U.S. = 100 | 88 | SC 88 | metro | BEA, 2024 |
| Other services U.S. = 100 | 98 | SC 98 | metro | BEA, 2024 |
Price levels: U.S. Bureau of Economic Analysis, Regional Price Parities 2024 (metro area and state). Electricity: U.S. Energy Information Administration, Electric Power Monthly, table 5.6.A.
Arkwright vs. its neighbors
Zillow publishes no value for Arkwright.
Cost next door · one source per column
| Town | Cost | Typical home Zillow, latest | Median value Census 2020–24 | Tax rate bill ÷ value | 2-bed rent HUD 2026 |
|---|---|---|---|---|---|
| Arkwright | B+ | — | $164K | 0.55% | $1,170 |
| Spartanburg | C+ | $230K | $204K | 0.76% | $1,210 |
| Roebuck | A− | $282K | $212K | 0.55% | $1,210 |
“—” under Zillow: Zillow publishes no value for that town, so it’s left blank rather than mixed with Census figures.
Questions about the cost of living in Arkwright
Is Arkwright expensive to live in?
Measured against what households in the area earn, Arkwright costs less than 71% of U.S. towns: a B+ for cost of living, #46 of 168 in South Carolina. The typical home costs 2.5 years of the median household income of the Spartanburg, SC metro area ($64K).
How much is rent in Arkwright?
HUD puts a two-bedroom at about $1,170 a month with utilities, the going rate for someone moving in. Renters already here pay a median of $981 (Census 2020–24).
What are property taxes in Arkwright?
The median bill is $895 a year, 0.55% of the median home value (South Carolina: $1,251, 0.48%), from the Census 2020–24.
Neighbors talk housing
What Arkwright buyers, sellers and renters are saying.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, September 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. The calculator is an estimate, not a loan offer. Regional price levels: BEA; electricity: EIA. How TownRatings grades cost of living.