78 / 100

Oconee County, SC

Seneca

RANK #213 / 996 NAT  ·  #7 / 24 SC  ·  POP 78,775

1YR FORECAST: +2.9%

5YR OUTLOOK: +31%

Our model projects above-average housing market growth for Oconee County at +2.9% over the next year.

[01] Why Oconee County?

Oconee County, South Carolina, known as the "Land Beside the Water" by the Cherokee, is distinguished by its abundant natural beauty, including three major lakes—Jocassee, Keowee, and Hartwell—and over 100 waterfalls. Located in the state's northwestern corner at the foothills of the Blue Ridge Mountains, it offers extensive outdoor recreation like hiking the Foothills Trail, whitewater rafting on the Chattooga River, and various water sports. Towns like Seneca and Walhalla provide local charm, with Seneca bordering Lakes Keowee and Hartwell. The county is about a 45-minute drive from Greenville, SC, and offers a commute time to work similar to the statewide average.

Life in Oconee County balances a connection to nature with community amenities. The area attracts retirees and families, drawn by its quality of life and affordable living. The economy is significantly driven by manufacturing, which accounts for over 25% of the workforce and has seen substantial growth. Educational institutions like the Oconee County School District, which includes the Hamilton Career and Technology Center, and nearby Clemson University, support this manufacturing sector by providing a skilled workforce.

[02] Market Snapshot

Housing Ratio
3.7x

Undervalued relative to economy

GDP Growth
+3.3%

Above national median

Home Prices
+2.1%

Outpacing national median

Climate & Terrain
3.5

Favorable climate & terrain

Price/Rent
12x

Strong rental yield

Housing looks undervalued at 3.7x — home prices are low relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Oconee County School District Education
    1,000+
  2. 2
    Duke Energy Corporation Energy
  3. 3
    Prisma Health Healthcare
  4. 4
    BorgWarner Manufacturing
  5. 5
    Itron Manufacturing
  6. 6
    Schneider Electric Manufacturing
    500+
  7. 7
    JTEKT Manufacturing
  8. 8
    Oconee County Government Government
    250+
  9. 9
    BASF Manufacturing
  10. 10
    Clarios Manufacturing

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Oconee County U.S. National

The Numbers

DEMOGRAPHICS
Population
78,775
+1.08% YoY
Median Household Income
$56,710
Median Home Value
$192,800
+2.13% 12mo
Median Rent
$852
Average Annual Pay
$57,970
+6.4% YoY
Employment
25,478
-0.1% YoY
Income-to-Home-Value
0.2941
More affordable than average
Migration Inflow
2.63%
of pop. from another state
Bachelor's Degree+
27.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$310,000
Days on Market
139
Slower market
Months of Supply
6.7
Buyer's market
Sale-to-List Ratio
95.0%
Negotiation room for buyers
Sold Above List
9.2%
Listings w/ Price Drops
20.1%
Building Permits (2024)
648
Single-Family Permits
608

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.6
per 100K · nat avg 6.3
Firearm Fatalities
19.4
per 100K · nat avg 14.8
Injury Deaths
117.5
per 100K · nat avg 76.3
vs National Average
Above national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Capital Investment

$70M
TOTAL
PROJECT AMOUNT STATUS
BorgWarner Battery Module Production Facility Expansion
BorgWarner
$42M Planned
Itron Oconee County Expansion (2023)
Itron
$28M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[07] Score Breakdown

GDP Growth +3.3% 62 percentile
Population Growth +1.1% 74 percentile
Income Growth +7.3% 22 percentile
Vacancy Rate 0.9% 69 percentile
Home Price Change +2.1% 61 percentile
Rent Growth +9.5% 97 percentile
Price/Rent 12x 71 percentile

Bars show percentile rank among all 996 counties.

[08] Frequently Asked Questions

Is Oconee County, SC a good place to move to?

With a Boom Town Index score of 78/100, Oconee County sits in the upper half of all 996 ranked counties. and median household income stands at $56,710 — indicators that suggest solid fundamentals even if it's not among the fastest-growing counties in SC.

Is Oconee County affordable?

Housing in Oconee County is roughly in line with national affordability norms. The median home costs $192,800 and the income-to-home-value ratio sits at 0.29, with rents averaging $852/month. Not a bargain, but not a stretch for most local earners either.

Is Oconee County growing or shrinking?

Oconee County's population is growing — up +1.1% YoY — while the job market is roughly flat (employment change of -0.1%). Home values shifted +2.1% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Oconee County?

There's a moderate stream of newcomers. About 2.63% of residents moved from another state, which is above average and suggests Oconee County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Laurens County, SC 80 Cherokee County, SC 80 Aiken County, SC 75 Sumter County, SC 85 Orangeburg County, SC 87 Florence County, SC 89 Payne County, OK 78 Jefferson County, WI 78