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FY 2018 Final State Minimum Rent Calculation for South Carolina

For Final FY 2018, State Minimum rents are based on the lower of the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR, or the population-weighted median U.S. nonmetropolitan unadjusted 2-bedroom FMR.

State Nonmetropolitan Median FMR

The table below illustrates how the population-weighted median state nonmetropolitan unadjusted 2-bedroom FMR is derived for South Carolina. The population-weighted median unadjusted nonmetropolitan 2-bedroom FMR for a state is the 2-bedroom FMR where half of a state's nonmetropolitan population lives in counties with the same or lower 2-bedroom FMRs, and half of the nonmetropolitan population lives in counties with the same or higher 2-bedroom FMRs. The nonmetropolitan population of South Carolina is 763,507, and half of the nonmetropolitan population of South Carolina is 381,754.

In the table below, the unadjusted 2-bedroom FMRs for the nonmetropolitan counties of South Carolina are arranged in ascending order, and the cumulative population of the counties at each FMR is listed in the last column. The median unadjusted nonmetropolitan 2-bedroom FMR is the first FMR listed in the table where the cumulative population of counties with that FMR or less first exceeds one-half of the nonmetropolitan population, or 381,754. The row of the table containing the median unadjusted nonmetropolitan 2-bedroom FMR is in bold.

Unadjusted 2-Bedroom FMR County or Counties with Specified Unadjusted 2-Bedroom FMR Aggregate Population at Specified Unadjusted 2-Bedroom FMR Cumulative Nonmetro Population
$521 Williamsburg County 34,423 34,423
$531 Clarendon County 34,971 69,394
$563 Marion County 33,062 102,456
$571 Dillon County 32,062 134,518
$575 Lee County 19,220 153,738
$583 Abbeville County 25,417 179,155
$607 Chesterfield County 46,734 225,889
$625 McCormick County 10,233 236,122
$634 Marlboro County 28,933 265,055
$641 Hampton County 21,090 286,145
$659 Allendale County 10,419 296,564
$660 Oconee County 74,273 370,837
$668 Barnwell County 22,621 393,458
$669 Greenwood County 69,661 463,119
$673 Orangeburg County 92,501 555,620
$676 Cherokee County 55,342 610,962
$703 Newberry County 37,508 648,470
$709 Bamberg County 15,987 664,457
$733 Colleton County 38,892 703,349
$773 Georgetown County 60,158 763,507

State Minimum Rent Determination

The South Carolina State Nonmetropolitan Median FMR is $668. Because it not greater than the U.S. Nonmetropolitan Median FMR of $697, the South Carolina State Minimum 2-Bedroom FMR is set at $668.

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