Is all as it seems?

An article shared yesterday on the “Cost of Living in Greenville” painted a positive picture for families seeking to rent in Greenville County – but is all as it seems? 

In yesterday’s edition of GVLtoday, an article on the “Cost of Living in Greenville” provided several interesting facts:  that the median household income in Greenville County is ~$53,739 and that a household making $50,000 annually would have ~$100 left in its housing budget for rent based on the average monthly rent in Greenville and accounting for housing being 30% of the monthly gross income.

The picture that is painted is a positive one, and for many people in Greenville County – the picture is just that:  positive.

However, the Greenville Homeless Alliance, in their monthly newsletter, cited the SC Housing Housing Needs Assessment1:

  • The average renter in SC cannot afford a basic two-bedroom apartment without overextending their budget in 41 of 46 SC counties. This includes Greenville.
  • One in four SC renters experiences severe cost burden – meaning renters pay so much for housing, they come up short in meeting their most basic needs (food, fuel, etc.)
  • Greenville County ranks third in the state for severely rent burdened households.

What’s more, while the median household income in Greenville County is ~$53,739, the median household income for RENTER households is only $30,4402.  What this means is, with average monthly rent in Greenville running at $1,147 (as cited in the GVLtoday article), the median rental household is $386 over budget (30% of their monthly gross income is just $761.)

According to the Greenville County School District, approximately 50% of its 80,000 students live at or below the poverty line, which for a family of 4 is ~$25,000.  What a stark contrast Greenville must prove to be for 40,000 students and their families who are living at half of the household income referenced in the article.

For more information on these and other important topics, please visit www.united-ministries.org or https://www.gvlhomes4all.org/.

1 https://www.schousing.com/home/Housing-Needs-Assessment
2 https://gcra-sc.org/wp-content/uploads/2019/04/greenville_county_housing_study_2018.pdf

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