Folly Beach, SC
Full City Profile · South Carolina · Charleston County County
2.9
/5.0
C+
Fair
958
Population
77/sq mi density
$97,813
Median Income
$78,174 per capita
$951,200
Home Value
$1,070,951 Zillow
$1,930
Median Rent
33.7% income on rent
67°F
Avg Temperature
336
Violent Crime/100K
2,255 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$97,813 median income, 3.4% unemployment
F
Affordability
1.2 / 5.0
$951,200 home value, $1,930/mo rent
F
Safety
1.0 / 5.0
336 violent crimes/100K
A+
Education
5.0 / 5.0
60.5% bachelor's degree or higher
Income Overview
Median Household Income
$97,813
30% above
US avg: $75,149
Per Capita Income
$78,174
100% above
US avg: $39,052
Unemployment Rate
3.4%
6% below
US avg: 3.6%
Poverty Rate
10.1%
19% below
US avg: 12.4%
Income Comparison: Folly Beach vs. U.S. Average
Each bar shows Folly Beach’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$97,813
130%
Per Capita
US: $39,052
$78,174
200%
IRS Avg AGI
US: $72,000
$126,097
175%
Avg Weekly Wage
US: $1,432
$1,313
92%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,313
8% below US avg ($1,432)
Mean Commute Time
29 min
3% above US avg (28 min)
Work From Home
34.8%
129% above US avg (15.2%)
Drive Alone
49.1%
33% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$50,462M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
49.1%
Public Transit
0%
Work From Home
34.8%
Other
16.1%
Average commute time
29 minutes
US avg: 28 min
Business Landscape
Total Establishments
22,449
Restaurants
1,560
Healthcare
1,541
Retail
2,099
Manufacturing
332
Tax & Financial
IRS Avg Adjusted Gross Income
$126,097
75% above US avg ($72,000)
Avg Property Tax
$5,037
44% above US avg ($3,500)
Cost of Living Index
93.7
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $97,813 |
| Per Capita Income | $78,174 |
| IRS Avg Adjusted Gross Income | $126,097 |
| Avg Weekly Wage | $1,313 |
| County GDP | $50,462M |
Hardship Indicators
| Unemployment Rate | 3.4% |
| Poverty Rate | 10.1% |
| Gini Coefficient | 0.514 |
| Cost of Living Index | 93.7 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 49.1% |
| Public Transit | 0.0% |
| Work From Home | 34.8% |
Businesses
| Total Establishments | 22,449 |
| Restaurants | 1,560 |
| Healthcare | 1,541 |
| Retail | 2,099 |
| Manufacturing | 332 |
Tax
| IRS Avg AGI | $126,097 |
| Avg Property Tax | $5,037 |