HomeSouth CarolinaColleton CountyWalterboro city
Walterboro city, South Carolina: commercial real estate data.
Walterboro city is a Census city of 5,480 people across 6.96 square miles of land, in Colleton County. Median household income is $56,457, 50.7 percent of occupied homes are owned, and the SBA record carries 19 7(a) approvals to borrowers here worth $27.7 m.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Walterboro
What Walterboro is
- Census place typecity
- Land area6.96 sq mi
- Water area0 sq mi
- Population per square mile of land788
- County holding the largest share of its areaColleton County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walterboro
How many people live in Walterboro
- Population5,480
- Median age35.2
- Population under 181,230 plus or minus 342
- Share under 1822.4 percent plus or minus 6.2
- Population 65 and over875 plus or minus 182
- Share 65 and over16.0 percent plus or minus 3.3
- Households2,330
- Family households1,706
- Share of households that are families73.2 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walterboro
Income and work in Walterboro
- Median household income$56,457
- Per capita income$28,602
- Civilian labor force2,627
- Employed2,467
- Unemployed160 plus or minus 139
- Unemployment rate6.1 percent plus or minus 5.2
- Adults 25 and over3,773
- Adults 25 and over with a high school diploma or higher84.0 percent
- Adults 25 and over with a bachelor degree or higher25.0 percent plus or minus 6.2
- Adults 25 and over with a graduate degree8.1 percent plus or minus 2.9
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walterboro
Housing in Walterboro
- Housing units2,602
- Occupied units2,330
- Vacant units272 plus or minus 169
- Vacancy rate10.5 percent plus or minus 6.4
- Owner occupied1,181
- Renter occupied1,149 plus or minus 252
- Ownership rate50.7 percent
- Median owner-occupied home value$183,500
- Median gross rent, monthly$965
- Annual rent as a share of median income20.5 percent plus or minus 4.4
- Single family units1,816
- Share single family69.8 percent
- Units in buildings of two or more786 plus or minus 252
- Share in buildings of two or more30.2 percent plus or minus 9.2
- Mobile homes0
- Median year structure built1976
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walterboro
How Walterboro gets to work
- Workers 16 and over who commute2,181
- Commuting under 15 minutes846 plus or minus 226
- Share commuting under 15 minutes38.8 percent plus or minus 8.2
- Commuting 30 minutes or more927 plus or minus 307
- Share commuting 30 minutes or more42.5 percent plus or minus 12.2
- Drove alone72.5 percent
- Carpooled12.5 percent plus or minus 6.2
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home13.0 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Walterboro
SBA loans in Walterboro (7(a))
- Approvals19
- Gross approval$27,716,800
- Average approval$1,458,779
- Median approval$1,285,000
- Ninetieth percentile approval$3,500,000
- Largest approval$4,164,400
- Jobs supported198
- Jobs per approval10.4
- Loans with a final outcome3
- Paid in full3
- Charged off0
- Median term300 months
- Share on real estate terms of 20 years or more73.7 percent
- Share to franchises63.2 percent
- Distinct lenders12
- Distinct industries by NAICS8
A charge-off rate is not published here. only 3 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Walterboro
SBA loans in Walterboro (504)
- Approvals2
- Gross approval$1,457,000
- Average approval$728,500
- Median approval$1,306,000
- Largest approval$1,306,000
- Jobs supported14
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Colleton County, not Walterboro
Colleton County context, not Walterboro figures
These are Colleton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Walterboro measurements.
- Establishments in Colleton County793
- Employment at those establishments, Colleton County7,333
- Covered employment, Colleton County10,285
- Average annual pay, Colleton County$48,150
- Average weekly wage, Colleton County$926
- Housing units permitted, Colleton County48
- Of those, single family, Colleton County42
- County product, 2024, Colleton County$1,497,142,000
- County product change over the prior year, Colleton County10.3 percent
- Average income of an arriving household, Colleton County$61,014
Every figure in this section is published for Colleton County as a whole and is not a measurement of Walterboro. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Walterboro questions, answered from the record.
How many people live in Walterboro, South Carolina?
5,480, in 2,330 households. Walterboro city covers 6.96 square miles of land, which is 788 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Walterboro in?
Colleton County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Walterboro?
$56,457. The median owner-occupied home is valued at $183,500. Median gross rent is $965 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Walterboro businesses?
19 7(a) approvals totalling $27.7 m, across 12 lenders, median approval $1,285,000, plus 2 504 approvals worth $1.5 m. These count approvals to borrowers whose address is in Walterboro, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Walterboro borrowers get paid back?
No rate is published for Walterboro. only 3 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Walterboro figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Colleton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Walterboro.
Is zoning published for Walterboro?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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