US5.com
  1. Home
  2. States
  3. South Carolina
  4. ZIP 29341
  5. Housing & Real Estate
Gaffney city, SC

ZIP 29341 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29341

Median Home Value
$171,300
Median Rent
$703
Affordability Snapshot
$47,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,100/mo PITI).

15%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

20.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29341 in Gaffney city, SC, a household would need roughly $47,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,100. That sits below the local median household income ($55,631), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
72.0%+10% vs US avg
x
Vacancy Rate
10.0%-3% vs US avg
x
Broadband Access
84.4%-3% vs US avg
x
4+ Bedrooms
3.1%-79% vs US avg
x
Built Pre-1939
3.0%-76% vs US avg
x
Built Post-2014
4.3%-37% vs US avg
x
Rent Burden >30%
17.6%-65% vs US avg
x
Mortgage-Free
44.3%+16% vs US avg
x
$171,300
Home Value
$703
Rent
1987
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached65.8%
  • 1-unit attached0.9%
  • 2-9 units8.9%
  • 10+ units4.7%
  • Mobile home & other19.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$171,300
Median rent$703
Owner-occupied72.0%
Vacant10.0%
Price-to-income3.1x
Est. income to buy$47,000