Ravenel, South Carolina Median Income

Ravenel, South Carolina has a population of 2,810, with a median household income of $56,200.

Current median income data for Ravenel.

$56,200

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Population

2,810

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Median Income

$56,200

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Unemployment

4.50%

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Housing Price

$182,900

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Crime Rate

6.50

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Internet Speed

255.90 Mbps

Ravenel is a small local community located in South Carolina. The city has a population that is below the average city population in South Carolina, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in South Carolina, Ravenel provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Ravenel has a population of 2,810, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Ravenel is $56,200, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Ravenel average around $182,900, which is relatively high compared to other cities in South Carolina.

Employment and Safety

The unemployment rate in Ravenel is 4.50%, which is lower than the state average, indicating a relatively strong job market. Ravenel has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in South Carolina, Ravenel shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Ravenel continues to play a role in shaping regional trends in South Carolina, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Ravenel

What is the population of Ravenel?

The population of Ravenel is approximately 2,810.

Is Ravenel a good place to live?

Ravenel offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Ravenel?

The median household income in Ravenel is around $56,200.

How expensive is housing in Ravenel?

The average housing price in Ravenel is approximately $182,900.