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Richland County, SC

Columbia

RANK #598 / 996 NAT  ·  #13 / 24 SC  ·  POP 416,161

1YR FORECAST: +0.9%

5YR OUTLOOK: +21%

Richland County's housing market is projected to grow +0.9% over the next year, below the national average.

[01] Why Richland County?

Richland County, South Carolina, is defined by its central location in the state and its county seat, Columbia, which serves as the state capital. The county is bisected by Interstates 20, 26, and 77, facilitating commutes within the region and to nearby areas. The Broad and Saluda rivers converge here to form the Congaree River, contributing to the area's natural landscape. Outdoor enthusiasts can explore Congaree National Park, known for its old-growth bottomland hardwood forest, along with Harbison State Forest and Sesquicentennial State Park. The community offers a mix of urban amenities in Columbia and more rural settings in towns like Blythewood and Eastover.

Life in Richland County attracts a mix of families and young professionals, with public schools generally performing above average. Commute options include personal vehicles and public transit provided by The COMET, which operates bus routes throughout Richland and parts of Lexington counties. The economy is experiencing growth, with recent investments in commercial and residential development, as well as the manufacturing and energy sectors. The presence of the University of South Carolina and Fort Jackson, a major U.S. Army training base, also contribute to the local economy and community.

[02] Market Snapshot

Housing Ratio
2.9x

Undervalued relative to economy

GDP Growth
+4.4%

Well above national median

Home Prices
+1.3%

Below national median

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing looks undervalued at 2.9x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    State of South Carolina Government
    25,000+
  2. 2
    Richland County School District One Education
    10,000+
  3. 3
    Prisma Health Healthcare
  4. 4
    BlueCross BlueShield of South Carolina Finance
  5. 5
    University of South Carolina Education
    5,000+
  6. 6
    Fort Jackson (U.S. Army) Military
    2,500+
  7. 7
    Dominion Energy (formerly SCANA) Energy
    1,000+
  8. 8
    AT&T South Carolina Technology
  9. 9
    Providence Health Healthcare
  10. 10
    Verizon Wireless Technology

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

[04] Home Value Growth vs National

Richland County U.S. National

The Numbers

DEMOGRAPHICS
Population
416,161
+0.35% YoY
Median Household Income
$59,850
Median Home Value
$201,200
+1.27% 12mo
Median Rent
$1,142
Average Annual Pay
$62,784
+3.8% YoY
Employment
227,771
+1.7% YoY
Income-to-Home-Value
0.2975
More affordable than average
Migration Inflow
5.17%
of pop. from another state
Bachelor's Degree+
40.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Building Permits (2024)
3,469
Single-Family Permits
2,154

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
13.3
per 100K · nat avg 6.3
Firearm Fatalities
19.1
per 100K · nat avg 14.8
Injury Deaths
83.8
per 100K · nat avg 76.3
vs National Average
Well 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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
44.0
Good
Good Air Days
68%
740 of 1,095 days
Unhealthy+ Days (3yr)
5
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
42
2022
43
2023
47
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$2,962M
TOTAL
PROJECT AMOUNT STATUS
Scout Motors Manufacturing Plant
Scout Motors
$2,000M Planned
Project West Manufacturing Facility
Undisclosed (Project West)
$400M Proposed
Cirba Solutions Lithium-ion Battery Recycling and Materials Campus
Cirba Solutions
$300M Under Construction
Pontiac Solar Farm
Pontiac Solar LLC
$112M Planned
Eastover Solar Farm
Eastover Solar (Community Energy)
$80M Operating
Affordable Housing Communities (Oak Grove at Hunt Club & Willowbrook)
Columbia Housing Authority
$70M Planned

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

[08] Score Breakdown

GDP Growth +4.4% 77 percentile
Population Growth +0.3% 45 percentile
Income Growth +6.6% 14 percentile
Vacancy Rate 1.6% 20 percentile
Home Price Change +1.3% 49 percentile
Rent Growth +3.3% 55 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Richland County scores 40/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#598). Median household income is $59,850 and job growth is running at +1.7%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Richland County affordable?

Housing in Richland County is roughly in line with national affordability norms. The median home costs $201,200 and the income-to-home-value ratio sits at 0.30, with rents averaging $1,142/month. Not a bargain, but not a stretch for most local earners either.

Is Richland County growing or shrinking?

Employers in Richland County are hiring — job growth of +1.7% — but the population is close to flat (+0.3% YoY). Home values moved +1.3% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are people moving to Richland County?

In significant numbers — 5.17% of Richland County's current population relocated from another state, well above the national norm. That level of in-migration usually signals a county where jobs, affordability, or quality of life are pulling people in from elsewhere.

[10] Similar Counties by Size & Score

Anderson County, SC 41 Greenwood County, SC 32 Lexington County, SC 31 Georgetown County, SC 30 Pickens County, SC 53 Dorchester County, SC 26 Chester County, PA 40 Washington County, MN 40