South Carolina

Cherokee County

ZIP 29340

56,299 residents192 permits TTM$49,047 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$135,200

ACS 5-Year

Cap rate proxy

7.2%

FMR × 0.65 ÷ Home Value

Rent-to-income

19.9%

HUD FMR ÷ ACS HHI

Net migration

+1.38%

IRS SOI

Permits (TTM)

192

Census BPS

Climate risk

69.7

FEMA NRI (0–100)

ZIP 29340

Median home value

Gross yield

Buy Box score

0.6

Section 8 gap

Affordability

P/I: 3.2R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
293400.6
293720.6
29702$135,200$9308.3%0.414.4%
293300.4
293410.3

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Demographics

Owner-occupied

73.3%

Census ACS

Vacancy rate

12.4%

Census ACS

Bachelor's degree +

18.4%

Census ACS

Rent burdened

38.9%

Census ACS (>30% income)

Median age

40.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026