Arcadia Lakes South Carolina Area Home Supply Charts

This page looks at a variety of Arcadia Lakes South Carolina housing market data taken from the most recent 2022 American Community Survey census data. Housing units are structures such as a single family home, apartment community, mobile home park, public housing, etc. where a person or family live and live separately from other residents of the building. Figure 1 shows the total number of housing units for each city. Arcadia Lakes shows it has a Housing Units of 380 which is the smallest when sorted by housing units of all the other places in the greater region.

Figure 2 illustrates the housing density in the Arcadia Lakes housing market as measured by housing units per square land mile (includes single family homes, apartments, etc.) Arcadia Lakes indicates it has a Housing Density of 692.3 which is less than most other places in the local area. The city with the highest housing density in the area is St Andrews CDP which shows a density of 1841.3 (approximately 2.7 times bigger). Comparing housing density to the United States average of 39.5, Arcadia Lakes is very much bigger. Also, compared with the state of South Carolina, housing density of 77.4, Arcadia Lakes is substantially bigger.

In Figure 4, Arcadia Lakes area change in the number of housing units and is a forward gauge (along with population change) for any potential housing shortage. Arcadia Lakes depicts it has a Housing Unit Change of -6.6% which is the smallest as measured by change in the housing units of all the other places in the local area. The city with the highest change in the housing units in the area is Cayce which depicts a housing units of 17.2% (approximately 2.6 times bigger). Comparing change in the housing units to the United States average of 7.4%, Arcadia Lakes is about the same size. Also, measured against the state of South Carolina, change in the housing units of 8.8%, Arcadia Lakes is about the same size.

Figure 5 shows the percentage of rental property based on that they are occupied by renters as a percent of the total number of households in the community (including homes, apartments, etc.) Arcadia Lakes depicts it has a Renter Percent of 8.1% which is the smallest in order of renter percent of all the other places in the metropolitan area. Figure 6 illustrates the total number of housing units that are occupied by owners. it has a Owner Percent of 91.9% which is at the top of all other places in the greater Arcadia Lakes region.

Arcadia Lakes South Carolina Home Cost Charts

Looking at the housing data provided in Figure 7, the average Arcadia Lakes home price is illustrated for this community and a useful analysis of affordable housing. Arcadia Lakes shows it has a Median Home Value of $296,500 which is more than all other places in the greater Arcadia Lakes region.

Figure 9 provides the frequency distribution of home prices for the area and is useful for understanding affordable housing fund. Arcadia Lakes has the smallest proportion of home price worth between $50,000 to $100,000 at 31% of the total. Second, it has the largest proportion of home price worth between $200,000 to $300,000 at 23% of the total and is ranked #1. Third, it has the largest proportion of home price worth between $300,000 to $400,000 at 17% of the total and is ranked #1.

Median owner costs for the real estate market are shown in Figure 10 and include the costs associated with any mortgage, utility expenses, insurance, and other miscellaneous costs. Arcadia Lakes depicts it has a Median Owner Cost of $1,040 which is the second most of all the places in the greater region. Figure 11 shows the median amount of cost as a percent of total household income for people who own homes in the Arcadia Lakes metro area. it has a Owner Cost as % of HH Income of 13% which is the second smallest as measured by cost as a percent of household income of all the other places in the greater region.

The next chart, Figure 12, provides a comparison chart of the median home cost as a percent of a median worker take home earnings and is thus a valuable measure of affordable housing. Arcadia Lakes depicts it has a Median Home Value as Percent of Median Earnings of 370% which is the second most median home value as a percent of median worker earnings of all the places in the greater Arcadia Lakes region.

Figure 14 depicts the median cost of housing for owners with also have a mortgages (versus those who do not have a mortgage because mortgage cost is included.) Arcadia Lakes depicts it has a Median Owner Costs-With Mortgage of $1,924 which is the most of all places in the greater Arcadia Lakes region. Figure 15 is a chart that shows the median housing costs for owners who do not have mortgages (and therefore the cost of home ownership does not include mortgage cost.) it has a Median Owner Costs-Without Mortgage of $723 which is the largest of all places in the greater Arcadia Lakes region.

Figure 16 shows the distribution in total housing cost for owners of property (so not renters.) This cost includes mortgages, lines of credit interest, utilities, taxes, insurance, etc. Arcadia Lakes has the smallest proportion of owner cost less than $300 at 11% of the total. Second, it has the largest proportion of owner cost between $500 and $700 at 27% of the total and is ranked #1. Third, it has the smallest proportion of owner cost between $700 and $1,000 at 12% of the total. Also, it has one of the largest proportions of owner cost between $1,000 and $1,500 at 17% of the total and is ranked #2. The only larger city being Dentsville CDP with 17%. In addition, it has the largest proportion of owner cost between $1,500 and $2,000 at 10% of the total and is ranked #1. Furthermore, it has the largest proportion of owner cost between $2,000 and $2,500 at 11% of the total and is ranked #1.

Next shown in Figure 17 is the housing cost as a percent of household income for people who own their homes and have a mortgages (thus the cost of financing the home is included.) Arcadia Lakes depicts it has a % of Income Owner Costs-With Mortgage of 21% which is the third most cost as a percent of household income of all other places in the greater Arcadia Lakes region. The city with the highest cost as a percent of household income in the area is Dentsville CDP which shows a cost as a percent of household income of 24% (12.6% larger). Housing cost as a percent of household income for owners who do not have a mortgage is shown in Figure 18. This analysis can be useful for understanding the affordable housing for home ownership excluding any financing cost in the area shown. Arcadia Lakes shows it has a % of Income Owner Costs-No Mortgage of 9% which is the second most of all the places in the area. The city with the highest cost as a percent of household income in the area is Dentsville CDP which shows a cost as a percent of household income of 14% (53.3% larger).

Figure 19 looks at the cost of rent for rental property using the percent of total household income which is a valuable measure of financial health for the area. (The higher the proportion of rent payments to total household income is a sign of greater financial stress. Also, rent can be covered by rent assistance and rent assistance programs in the form of rent assistance.) Arcadia Lakes has the smallest proportion of rent as a percent of income is between 20pct to 30pct at 10% of the total. Second, it has the largest proportion of rent as a percent of income is between 40pct to 50pct at 62% of the total and is ranked #1.

Figure 20 shows the total housing cost for both home owners and apartment community renters in the area. Arcadia Lakes has the smallest proportion of housing cost between $700 and $1,000 at 13% of the total. Second, it has the largest proportion of housing cost between $1,000 and $1,500 at 17% of the total and is ranked #1. Third, it has the largest proportion of housing cost between $1,500 and $2,000 at 9% of the total and is ranked #1. Also, it has the largest proportion of housing cost between $2,000 and $2,500 at 10% of the total and is ranked #1.

Figure 21 shows median amount of real estate taxes paid for home owners in the region. it has a Median Real Estate Taxes Paid of $2,425 which is the largest of all places in the greater Arcadia Lakes region. Comparing median real estate taxes paid to the United States average of $2,690, Arcadia Lakes is about 10.9% smaller. Also, measured against the state of South Carolina, median real estate taxes paid of $1,024, Arcadia Lakes is approximately 2.4 times bigger.

Figure 23 shows the rental rate distribution for this area. Arcadia Lakes South Carolina has the largest proportion of rent less than 300 dollars at 34% of the total and is ranked #1. Second, it has the smallest proportion of rent between 750 and 1000 dollars at 28% of the total. Third, it has the largest proportion of rent between 1000 and 1500 dollars at 21% of the total and is ranked #1.

Arcadia Lakes South Carolina Home Financing Charts

The analysis in Figure 25 shows the detailed distribution of owned homes by mortgage status. Arcadia Lakes has the smallest proportion of With mortgage at 41% of the total. Second, it has the largest proportion of No 2nd Mortgage or HELOC at 11% of the total and is ranked #1. Third, it has the largest proportion of Primary Mortgage with 2nd Mortgage and HELOC at 9% of the total and is ranked #1. Also, it has the largest proportion of With HELOC no Primary Mortgage at 47% of the total and is ranked #1.

Figure 26 shows the proportion of houses with a mortgage versus those without a mortgage. Arcadia Lakes has the largest proportion of houses with mortgages at 47% of the total and is ranked #1.

Arcadia Lakes South Carolina Home Characteristics Charts

Figure 28 shows the household size for families living in the area and it has a Family size of 2.5 which is the smallest when sorted by family members per housing unit of all the other places in the local area. The city with the highest family members per housing unit in the area is Dentsville CDP which depicts a family members per housing unit of 3.3 (30.2% larger). Comparing family members per housing unit to the United States average of 3.3, Arcadia Lakes is approximately three-fourths the size. Also, compared to the state of South Carolina, family members per housing unit of 3.2, Arcadia Lakes is approximately three-fourths the size.

Figure 29 show the median number of rooms in a typical home for each location in this area. it has a Median Number of Rooms of 7.9 which is more than all other places in the greater Arcadia Lakes region. Figure 30 shows, for the average house in each location, the median year that a house was built. This can be useful for understanding the relative age of one neighborhood versus another for a real estate investor. it has a Median Year Built of 1974 which is in the intermediate range of other places in the greater region. The city with the highest year built in the area is Dentsville CDP which shows a year built of 1982 ( about the same size).

Figure 31 looks at the distribution of housing units by the median age that the homes were built. has the percentage of homes built in 2020 or later in the intermediate range of other places in the area at 5% of the total. Second, it has the second smallest as measured by homes built in 2020 or later of all the other places in the surrounding region as measured by homes built between 2010 to 2019 at 3% of the total. Third, it has the smallest proportion of homes built between 2000 to 2009 at 3% of the total. Also, it has the largest proportion of homes built between 1990 to 1999 at 34% of the total and is ranked #1. In addition, it has the smallest proportion of homes built between 1980 to 1989 at 6% of the total. Furthermore, it has one of the largest proportions of homes built between 1960 to 1969 at 22% of the total and is ranked #2. The only larger city being Forest Acres with 28%. Next it has the smallest proportion of homes built between 1950 to 1959 at 1% of the total. Additionally, it has one of the largest proportions of homes built between 1940 to 1949 at 4% of the total and is ranked #2. The only larger city being Columbia with 9%.

Figure 32 shows the difference in the number of housing units based on whether they are occupied by owners versus occupied by renters. has the smallest proportion of owner housing units at 29 of the total.

Figure 33 shows the difference in the number of housing units based on whether they are occupied by owners or renters. has the smallest proportion of one unit detached at 1% of the total.

Figure 34 shows the median value of homes broken down by the median year that the homes were built. it has the largest proportion of value of homes built 2014 or later at $600,000 of the total and is ranked #1. Second, it has the largest proportion of value of homes built 2010 to 2013 at $425,000 of the total and is ranked #1. Third, it has the largest proportion of value of homes built 2000 to 2009 at $450,000 of the total and is ranked #1. Also, it has the largest proportion of value of homes built 1990 to 1999 at $363,000 of the total and is ranked #1. In addition, it has the largest proportion of value of homes built 1980 to 1989 at $350,000 of the total and is ranked #1. Furthermore, it has the largest proportion of value of homes built 1970 to 1979 at $192,400 of the total and is ranked #1. Next it has one of the largest proportions of value of homes built 1960 to 1969 at $170,400 of the total and is ranked #2. The only larger city being Forest Acres with $220,200.

Figure 35 compares the total number of occupied housing units to vacant housing units. This analysis can be used to understand any housing shortage in the community. has the smallest proportion of occupied housing units at 5% of the total.

The next two charts show both the average household size of homeowners versus the average household size of renters. Starting with Figure 36 we see the household size of homeowners for Arcadia Lakes residents. it has a Owner-Household Size of 2.1 which is less than most other places in the metro area. The city with the highest homeowner household size in the area is Dentsville CDP which shows a homeowner household size of 2.4 (17.0% larger).

Figure 37 shows the household size for renters. Arcadia Lakes shows it has a Renter-Household Size of 1.5 which is the smallest in order of renter household size of all the other places in the surrounding region. The city with the highest renter household size in the area is Forest Acres which shows a renter household sizes of 2.3 (56.8% larger). Figure 38 shows the year that people who own homes moved into this region. has the percentage of owners moved in 2019 or later the second smallest when sorted by owners moved in 2019 or later of all the other places in the metro area at 14% of the total. Second, it has the second smallest when sorted by owners moved in 2019 or later of all the other places in the metro area when sorted by owners moved in 2015 to 2018 at 6% of the total. Figure 39 shows the year that people who rent moved into the area. Arcadia Lakes has the smallest proportion of renters moved in 2019 or later at 33% of the total. Second, it has the largest proportion of renters moved in 2015 to 2018 at 42% of the total and is ranked #1.

Figure 40 compares the median year that home owners moved into their home. it has a Owner Median Year Moved In of 2005 which is in the mid range of other places in the local area. Figure 41 compares the median year that renters moved into their home. Arcadia Lakes depicts it has a Renter Median Year Moved In of 2014 which is the smallest in order of median year that a renter moved in of all the other places in the surrounding region.

Figure 42 shows the frequency distribution of various types of energy sources used for homes in the community. it has the largest proportion of homes using natural gas at 3% of the total and is ranked #1. Second, it has the smallest proportion of home using bottled, tank, or lp gas at 44% of the total.