What percentage of people rent in Valley Falls, SC?
49.5% (±8.0 points) of the occupied homes in Valley Falls, SC are rented (2020–2024 American Community Survey).
That is 1,487 renting households against 1,519 that own their home.
In Valley Falls, the share of households that rent went from 59.7% in 2015–2019 to 49.5% in 2020–2024 (−10.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 49.5% (±8.0 points)
- Renting households
- 1,487 (±324)
- Median renter income
- $37,546 (±$14,412)
Who rents and who owns in Valley Falls
| Valley Falls | Spartanburg County | South Carolina | United States | |
|---|---|---|---|---|
| Renter-occupied share | 49.5% (±8.0 points) | 27.0% (±1.0 points) | 28.1% (±0.3 points) | 34.8% |
| Renting households | 1,487 (±324) | 35,578 (±1,391) | 595,868 (±5,739) | 45,017,354 |
| Owning households | 1,519 (±332) | 96,094 (±1,447) | 1,522,121 (±8,375) | 84,210,142 |
| Average renter household size | 2.4 (±0.4) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $37,546 (±$14,412) | $42,425 (±$2,359) | $43,796 (±$694) | $52,966 |
| Median owner household income | $81,890 (±$23,540) | $78,281 (±$1,951) | $82,205 (±$598) | $100,009 |
In Valley Falls, the renter share is higher than in Spartanburg County (27.0%).
It is also higher than in South Carolina (28.1%).
It is higher than the national figure (34.8%).
In Spartanburg County, Valley Falls ranks 9 of 27 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 61 of 381.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Valley Falls has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 59.7% (±5.7 points) | 49.5% (±8.0 points) | −10.2 percentage points | Measurable decrease |
| Median gross rent | $699 (±$99) | $1,021 (±$102) | +46.1% | Up after inflation |
| Median household income | $35,743 (±$6,454) | $55,661 (±$10,819) | +55.7% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Valley Falls
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Valley Falls | — | 49.5% (±8.0 points) | — |
| Southern Shops | 2.1 mi | 50.1% (±12.5 points) | Not measurably different |
| Hilltop | 2.2 mi | 55.4% (±12.0 points) | Not measurably different |
| Boiling Springs | 2.7 mi | 25.7% (±6.5 points) | Lower |
| Whitney | 3.1 mi | 38.8% (±12.1 points) | Not measurably different |
| Saxon | 3.1 mi | 61.7% (±8.8 points) | Higher |
| Arcadia | 3.4 mi | 71.5% (±10.4 points) | Higher |
| Drayton | 4.3 mi | 37.1% (±21.8 points) | Not measurably different |
| Spartanburg | 4.9 mi | 46.1% (±2.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Boiling Springs, SC (25.7%).
Nearby places with a measurably higher figure: Saxon, SC (61.7%), Arcadia, SC (71.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Spartanburg County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Ben Avon | 57.5% (±10.6 points) |
| 4 | Hilltop | 55.4% (±12.0 points) |
| 5 | Central Pacolet | 52.3% (±18.8 points) |
| 6 | Camp Croft | 51.0% (±15.6 points) |
| 7 | Arkwright | 50.2% (±11.4 points) |
| 8 | Southern Shops | 50.1% (±12.5 points) |
| 9 | Valley Falls | 49.5% (±8.0 points) |
| 10 | Spartanburg | 46.1% (±2.7 points) |
| 11 (tie) | Chesnee | 45.7% (±9.6 points) |
| 11 (tie) | Woodruff | 45.7% (±13.3 points) |
| 13 | Duncan | 43.3% (±12.3 points) |
| 14 | Whitney | 38.8% (±12.1 points) |
| 15 | Drayton | 37.1% (±21.8 points) |
Showing 13 of 27 places in Spartanburg County, ranked from highest to lowest.
Valley Falls is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Valley Falls
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Questions about Valley Falls
How many renters are there in Valley Falls?
Valley Falls has an estimated 1,487 (±324) renting households, 49.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Valley Falls?
In Valley Falls, the share of households that rent went from 59.7% in 2015–2019 to 49.5% in 2020–2024 (−10.2 percentage points), a measurable decrease.
How big are renting households in Valley Falls?
A renting household in Valley Falls has 2.4 people on average, against 2.5 in an owned home.
How much do renters earn in Valley Falls?
The median renting household in Valley Falls, SC has an income of $37,546 (±$14,412) a year, against $81,890 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Valley Falls CDP, South Carolina
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Valley Falls CDP, South Carolina
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Valley Falls CDP, South Carolina
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Valley Falls CDP, South Carolina
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Valley Falls CDP, South Carolina
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Valley Falls CDP, South Carolina (place:73465, in state:45).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Valley Falls at a glance
- Median rent in Valley Falls
- Rent by bedrooms in Valley Falls
- Rent burden in Valley Falls
- Income and affordability in Valley Falls
- Home values in Valley Falls
- Homeowner costs in Valley Falls
- Property taxes in Valley Falls
- Types of homes in Valley Falls
- Bedrooms in Valley Falls
- Age of homes in Valley Falls
- Vacancy rate in Valley Falls
- Heating fuel in Valley Falls
- Commute and cars in Valley Falls
- Population growth in Valley Falls
- How long people stay in Valley Falls
- Crowding and facilities in Valley Falls
- South Carolina landlord and tenant rules
- Housing across Spartanburg County
- South Carolina places ranked by share of renters
- Housing data for every place in South Carolina