At a Glance
Median Income
$59,826
$32,508 per capita
Home Value
$218,200
Zillow: $347,773
Median Rent
$1,244/mo
27.3% of income on rent
Violent Crime
167/100K
5,276/100K property
Bachelor's Degree+
21.3%
89.4% high school+
Unemployment
3.2%
7.0% poverty rate
Obesity Rate
32.2%
15.7% smoking rate
Avg Temperature
65°F
304 sunny days/yr
How Socastee Compares to the U.S. Average
Each bar shows Socastee's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Socastee a Good Place to Live?
B
3.1 / 5.0 — Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Socastee residents earn a median household income of $59,826 , which is 20% below the national average of $75,149.
Per capita income is $32,508. The unemployment rate stands at 3.2% (11% below the U.S. rate of 3.6%). 7.0% of residents live below the poverty line. The area is home to 2,442 business establishments, including 185 restaurants.
Housing & Cost of Living
The median home value in Socastee is $218,200 , 23% below the national median of $281,900.
Zillow estimates the typical home at $347,773. Median rent is $1,244/month, with 27.3% of renters spending more than 30% of income on housing. The cost of living index is 93.7 (100 = national average). The median home was built in 1995.
Safety & Crime
Socastee reports 167 violent crimes per 100,000 residents
, which is 56% below the national average of 380/100K.
Property crime is 5,276/100K.
Education
21.3% of adults in Socastee hold a bachelor's degree or higher
(37% below the national average).
89.4% have completed high school. Local schools score 4.8/10 in standardized testing.
Climate & Weather
Socastee has an average annual temperature of 65°F (18°C).
Winters average 47°F in January while summers reach 82°F in July. The area gets 304 sunny days per year. Annual precipitation totals 55.2 inches. Air quality is rated Good with a median AQI of 43.
Data Overview
People
Population24,629
Median Age43.3 yrs
Density1,842/mi²
Male / Female50% / 50%
Foreign Born13.6%
Veterans10.3%
Economy
B+
Median Income$59,826
Per Capita$32,508
Unemployment3.2%
Poverty7.0%
County GDP$4,016M
Avg Weekly Wage$968
Housing
A+
Home Value$218,200
Rent$1,244
Ownership63.6%
Zillow$347,773
Housing Units9,901
Rent Burden27.3%
Crime
F
Violent167/100K
Property5,276/100K
Health
Obesity32.2%
Diabetes11.1%
Smoking15.7%
Heart Disease5.6%
Premature Death13,428/100K
Climate
Avg Temp65°F
Sunny Days304/yr
Rain55.2 in/yr
AQI43 (Good)
Elevation17 ft
Education
C+
Bachelor's+21.3%
High School+89.4%
Graduate+5.5%
School Score4.8/10
Community
2024 VoteR 59% / D 40%
Commute21 min
Broadband90.0%
Internet Speed145 Mbps
EV Stations2
Libraries5
Did You Know?
The median home in Socastee was built in 1995.
The nearest airport is Myrtle Beach International (5 miles).
The Gini coefficient (income inequality) is 0.494 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
18.6% of the population has a disability.
13.6% of residents are foreign-born.
Average internet download speed is 145 Mbps.
There are 185 restaurants in the area.
The county recorded 16 fatal vehicle crashes.