Conway, South Carolina - Dental Demographics - Housing


Conway, South Carolina - Dental Demographics - Housing


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Housing



This 4 mile radius contains 13,814 housing units and a high vacancy rate of 9.9%. This area has a 57.1% home ownership rate and 33.0% of the population are renters. The ownership occupancy levels are slightly below South Carolina and US.

Home values have two implications—they can signal the relative affluence of an area and thus the ability of its population to spend more on dental care, but they can also show the relative unaffordability of an area and its possibility not to grow as fast as other more affordable locations. The median home ownership value in this area is $183,080 which is below South Carolina. The median home ownership value for the United States is $204,900. This area averages spending 31.5% of their income on total housing which is higher than the 30% figure that is considered a healthy housing spending percentage. Total housing expenditure includes the cost of shelter as well as utilities, fuel, and public services like water and sewer. This means that housing expenditures use a greater amount of the household budget on a national basis than it should by large amount. Disposable income in this area averages 68.5%. The average housing cost of just shelter as a percent of income in this area at 21.6%. The area is affordable for those living here. In general, all these housing factors are below average indicators of desirability of an area and its economic growth potential.


Table #2 Significant Demographic Characteristics - Page 2

Demographic Analysis for Conway, South Carolina
Conway, South CarolinaSouth CarolinaUnited States
Demographic CharacteristicConway
South Carolina
Latitude / Longitude:33.836003, -79.047814
Radius4 miles6 miles
HOUSING
Housing units13,81424,1732,464,039142,853,336
Median home value$183,080$195,989$203,602$264,021
Home ownership rate57.1%61.1%58.9%57.3%
Renter-occupied housing33.0%28.2%25.8%31.2%
Vacant housing units9.9%10.7%15.3%11.5%
Average Cost of Housing$12,940$13,776$16,220$20,090
Average Housing Cost as a Percent of Income21.6%21.2%20.8%21.7%
HOUSEHOLDS
Households12,44321,5792,085,972126,470,675
     Average household size2.522.482.492.58
Family households61.9%64.1%66.2%65.5%
Household with children31.3%29.9%32.8%33.4%
High school graduate or higher88.2%88.4%88.6%88.9%
Bachelor degree or higher22.2%22.1%30.4%33.6%
RACE & ETHNICITY
White56.1%63.4%66.0%69.2%
Black37.4%29.0%26.3%13.0%
Native American0.4%0.4%0.4%1.0%
Asian0.9%1.1%1.9%5.9%
Pacific Islanders0.0%0.1%0.1%0.2%
Other Race3.0%3.6%3.0%7.1%
Hispanic or Latino of any race6.5%7.1%6.2%18.9%


Home Ownership Rates

Conway, South Carolina - Home Ownership Rates
Owner Occupied Households by Census Tract

 64.20% to 73.56%
 55.20% to 64.20%
 46.17% to 55.20%
 14.55% to 46.17%
1.Conway