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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 Rate2.6%
Poverty Rate11.8%
Gini Coefficient0.448
Cost of Living Index93.7

Commute

Mean Commute19 minutes
Drive Alone72.5%
Public Transit2.4%
Work From Home12.5%

Businesses

Total Establishments12,484
Restaurants1,398
Healthcare896
Retail1,849
Manufacturing171

Tax

IRS Avg AGI$67,849
Avg Property Tax$3,541