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Socastee, SC

Full City Profile · South Carolina · Georgetown County County

3.1 /5.0
B Good
24,629 Population 1,842/sq mi density
$59,826 Median Income $32,508 per capita
$218,200 Home Value $347,773 Zillow
$1,244 Median Rent 27.3% income on rent
65°F Avg Temperature 304 sunny days/yr
167 Violent Crime/100K 5,276 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$59,826 median income, 3.2% unemployment
A+
Affordability
4.6 / 5.0
$218,200 home value, $1,244/mo rent
F
Safety
1.0 / 5.0
167 violent crimes/100K
C+
Education
2.7 / 5.0
21.3% bachelor's degree or higher

Income Overview

Median Household Income
$59,826
20% below
US avg: $75,149
Per Capita Income
$32,508
17% below
US avg: $39,052
Unemployment Rate
3.2%
11% below
US avg: 3.6%
Poverty Rate
7.0%
44% below
US avg: 12.4%

Income Comparison: Socastee vs. U.S. Average

Each bar shows Socastee’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$59,826
80%
Per Capita
US: $39,052
$32,508
83%
IRS Avg AGI
US: $72,000
$89,219
124%
Avg Weekly Wage
US: $1,432
$968
68%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$968
32% below US avg ($1,432)
Mean Commute Time
21 min
25% below US avg (28 min)
Work From Home
6.8%
55% below US avg (15.2%)
Drive Alone
82.4%
13% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$4,016M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 82.4%
Public Transit 0%
Work From Home 6.8%
Other 10.8%
Average commute time
21 minutes
US avg: 28 min

Business Landscape

Total Establishments
2,442
Restaurants
185
Healthcare
297
Retail
318
Manufacturing
52

Tax & Financial

IRS Avg Adjusted Gross Income
$89,219
24% above US avg ($72,000)
Avg Property Tax
$4,279
22% 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$59,826
Per Capita Income$32,508
IRS Avg Adjusted Gross Income$89,219
Avg Weekly Wage$968
County GDP$4,016M

Hardship Indicators

Unemployment Rate3.2%
Poverty Rate7.0%
Gini Coefficient0.494
Cost of Living Index93.7

Commute

Mean Commute21 minutes
Drive Alone82.4%
Public Transit0.0%
Work From Home6.8%

Businesses

Total Establishments2,442
Restaurants185
Healthcare297
Retail318
Manufacturing52

Tax

IRS Avg AGI$89,219
Avg Property Tax$4,279