Is Homeland Park, South Carolina a Good Place To Live? - Living In Homeland Park, SC
Is Homeland Park, South Carolina a good place to live?
Homeland Park is a city in South Carolina state in USA with a population of 6570 residents..
The poverty rate of Homeland Park is 28.4%, which is 103% higher than national average.
The typical household in Homeland Park earns $27444 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 73.7% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Homeland Park are struggling financially. Nearly one in every 1 in every 8 workers in Homeland Park is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Homeland Park, only 65% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Homeland Park remained 12.6%, which is 168% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Homeland Park, only 9% of adults have a bachelor's degree and 25% have some college but no degree.
Cost of living in Homeland Park is 79, which is 21% lower than national average. Median home value in Homeland Park is $68600 , which is 70% lower than national average. While median income in Homeland Park remained $27444, which is 59% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Homeland Park, only 65% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Homeland Park remained 12.6%, which is 168% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Homeland Park, only 9% of adults have a bachelor's degree and 25% have some college but no degree.
Cost of living in Homeland Park is 79, which is 21% lower than national average. Median home value in Homeland Park is $68600 , which is 70% lower than national average. While median income in Homeland Park remained $27444, which is 59% lower than national average.
Population
6570
Unemployment
12.6%
Poverty
28.4%
Overall Score
4
Median Home Cost
$68600
70%
NAT AVG.
Median Income
$27444
59%
NAT AVG.
Median Rent
$710
39%
NAT AVG.
Cost Of Living
79
21%
NAT AVG.
People Living BPL
1 in 4
Unemployed People
1 in 8
People Earning < $10,000
1 in 8
People Earning < $50,000
73.7%
People with <= High School
1 in 1.5
People With Any Degree
1 in 7.7
Pros & Cons Overview
Jobs30%
Housing40%
Affordability60%
Safety80%
Amenities80%
Diversity90%
Education30%
Commute80%
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