Myrtle Beach, SC
Full City Profile · South Carolina · Horry County County
2.9
/5.0
C+
Fair
37,214
Population
1,590/sq mi density
$53,679
Median Income
$42,225 per capita
$347,700
Home Value
$318,683 Zillow
$1,132
Median Rent
41.2% income on rent
62°F
Avg Temperature
304 sunny days/yr
1,190
Violent Crime/100K
11,234 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$53,679 median income, 2.6% unemployment
B
Affordability
3.0 / 5.0
$347,700 home value, $1,132/mo rent
F
Safety
1.0 / 5.0
1,190 violent crimes/100K (213% above avg)
B+
Education
3.7 / 5.0
34.1% bachelor's degree or higher
Income Overview
Median Household Income
$53,679
29% below
US avg: $75,149
Per Capita Income
$42,225
8% above
US avg: $39,052
Unemployment Rate
2.6%
28% below
US avg: 3.6%
Poverty Rate
11.8%
5% below
US avg: 12.4%
Income Comparison: Myrtle Beach vs. U.S. Average
Each bar shows Myrtle Beach’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$53,679
71%
Per Capita
US: $39,052
$42,225
108%
IRS Avg AGI
US: $72,000
$67,849
94%
Avg Weekly Wage
US: $1,432
$924
65%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$924
35% below US avg ($1,432)
Mean Commute Time
19 min
33% below US avg (28 min)
Work From Home
12.5%
18% below US avg (15.2%)
Drive Alone
72.5%
1% below US avg (73.2%)
Public Transit
2.4%
52% below US avg (5.0%)
County GDP
$22,774M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.5%
Public Transit
2.4%
Work From Home
12.5%
Other
12.6%
Average commute time
19 minutes
US avg: 28 min
Business Landscape
Total Establishments
12,484
Restaurants
1,398
Healthcare
896
Retail
1,849
Manufacturing
171
Tax & Financial
IRS Avg Adjusted Gross Income
$67,849
6% below US avg ($72,000)
Avg Property Tax
$3,541
1% 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 | $53,679 |
| Per Capita Income | $42,225 |
| IRS Avg Adjusted Gross Income | $67,849 |
| Avg Weekly Wage | $924 |
| County GDP | $22,774M |
Hardship Indicators
| Unemployment Rate | 2.6% |
| Poverty Rate | 11.8% |
| Gini Coefficient | 0.448 |
| Cost of Living Index | 93.7 |
Commute
| Mean Commute | 19 minutes |
| Drive Alone | 72.5% |
| Public Transit | 2.4% |
| Work From Home | 12.5% |
Businesses
| Total Establishments | 12,484 |
| Restaurants | 1,398 |
| Healthcare | 896 |
| Retail | 1,849 |
| Manufacturing | 171 |
Tax
| IRS Avg AGI | $67,849 |
| Avg Property Tax | $3,541 |
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