Cost of Living,
Columbia's Real Estate Market
Columbia Metro Area
Profile: College town/Capital city Location: Central South Carolina Elevation: 225 Time zone: Eastern Standard Time
|College-town amenities||Hot, humid summers|
|Historic interest||Air service|
|Cost of living||Crime rates|
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Columbia is the capital, the largest city, and the commercial, industrial and educational hub for the state. The city is laid out in a traditional grid along the Congaree River with a number of historic buildings, although many of the older ones were destroyed in Sherman’s famous march. Columbia is home to the University of South Carolina, whose attractive and historic campus is in the south part of the downtown area adds a dose of college town feel, a few amenities, and sports-related entertainment to the area. The downtown is clean and attractive, with entertainment near the campus and in a restored waterfront area. Beautiful older residential areas extend east with a clear antebellum imprint and good home values, but this isn’t the part of town with the best reputation for education and safety.
The best suburbs spread northwest towards Irmo and Lake Murray. The economy, while soft recently, is stable with a good future outlook. Cost of living is attractive especially for what is available, and buying power is strong. While a bit far away for air service and other city amenities, Columbia does enjoy a good central location relative to Atlanta 200 miles west, Charleston and the coast 120 miles southeast, and the mountains northwest.
Columbia is located at a river confluence. Surrounding terrain is rolling and slopes gently from north to south. The climate is humid subtropical. The Appalachian ridge 150 miles to the northwest frequently retards the approach of cold weather in the winter but offers little moderating effect on the summer heat. Long summers are prevalent with persistent warm and humid weather. The mountains and the “Bermuda High” summer high pressure system block cold fronts from the north and west. Typically there are about 6 days over 100 degrees and midsummer thunderstorms are frequent. Fall is the most pleasant time of year with relatively less rainfall and plenty of sun. Winters are mild with occasional short cold outbreaks. Spring is variable, with occasional storms and cold snaps.
Interesting Facts about Columbia, South Carolina
As of 2014, Columbia's population is 129,757 people. Since 2000, it has had a population growth of 1.50 percent.--------------------
The median home cost in Columbia is $162,300. Home appreciation the last year has been -3.30 percent.--------------------
Compared to the rest of the country, Columbia's cost of living is 1.40% Lower than the U.S. average.--------------------
Columbia public schools spend $13,420 per student. The average school expenditure in the U.S. is $12,435. There are about 11.6 students per teacher in Columbia.--------------------
The unemployment rate in Columbia is 5.50 percent(U.S. avg. is 6.30%). Recent job growth is Positive. Columbia jobs have Increased by 0.88 percent.
Ranked #5 Best Cities for Teleworking - Small Metro Areas
Ranked #5 Americas Manliest Cites 2011
Ranked #10 The Most (and Least) Gender Imbalanced Cities
Ranked #13 America’s Manliest Cities
Ranked #13 Second Annual “America’s Manliest Cities” Rankings
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Average Commute time is 17 minutes. The National Average is 25 minutes.--------------------
Columbia's Real Estate Market (click to see properties)
• Newly Listed Homes
• Most Expensive Listing
• Million Dollar Houses
• Homes from $750,001 to $1,000,000
• Homes from $500,001 to $750,000
• Homes from $250,000 to $500,000
• Homes under $250,000
• Median Priced Homes