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South Carolina real estate and demographic information

Top Ten Most Expensive SC Cities

Name
1 Sullivan's Island
2 Pawleys Island
3 Kiawah Island
4 Isle of Palms
5 Folly Beach
6 Seabrook Island
7 Hilton Head Island
8 Okatie
9 Ladys Island
10 Mount Pleasant
House value by city
highest
lowest

South Carolina Information

Population 4,679,230

About South Carolina

South Carolina History

Though not separated from its sister state to the north until 1729, South Carolina has a proud history of individualism. In March 1776, four months before the Declaration of Independence was signed, South Carolina declared itself free of English rule and appointed its own president. A few years later, South Carolina was the first state to ratify the Articles of Confederation. But after the election of President Abraham Lincoln, South Carolina's right to continue keeping African slaves - who comprised more than half of its pre-war population- became a crucial economic issue. Maverick South Carolina then became the first state to secede from the Union in December 1860, and it was the site for the first battle of the Civil War, at Fort Sumter in Charleston, in 1861.

South Carolina Demographics and Real Estate Information

Until 1800 a major colonial city - 4th largest behind Philadelphia, New York and Boston - Charleston is an historical and architectural treasure, christened "the Best Mannered City in the U.S." by an etiquette expert. But Charleston today is growing fast, along with other metro areas along the coast. In 2009 the estimated population of South Carolina was 4,313,642, comprised of 68.4% white and 29.2% black. Thanks to its warm climate, beautiful beaches, and hundreds of golf courses, South Carolina is the new retirement mecca, attractive to thousands of retirees for its affordability. Indeed, recently the median sales price for real estate in Horry County (Myrtle Beach), the hottest market in SC, was $172,000 compared to $300,000 in Palm Beach County, Florida's most popular market. For the entire state, the median home value in 2009 was $145,900 while the median income was $35,031.

South Carolina Tourism and Economy

Boasting more than 100 golf courses, Myrtle Beach is the epicenter of the Grand Strand, a 60-mile stretch of beaches separated from the SC mainland by the Intracoastal Waterway. More than 16 million vacationers visit the Myrtle Beach area each year; other favorite destinations along the coast are the upscale golf and tennis resorts of Hilton Head Island and Kiawah Island. Not surprisingly, tourism is the leading sector of South Carolina's economy.

Manufacturing and agriculture also contribute significantly to South Carolina's economy. Cotton is still king in SC, but tobacco, peaches, and livestock are also major products, and like its equally forested neighbors, North Carolina and Georgia, lumber and paper also generate substantial income in South Carolina.

On the opposite end of the technology spectrum, South Carolina is also home to the Savannah River Site and National Laboratory, established near Aiken by the Department of Energy in the 1950s to produce plutonium and tritium for nuclear weapons. Now a research center and nuclear waste handling facility, the 300-square-mile Savannah River Site employs more than 12,000 people including chemists, engineers, environmental scientists and radioactive materials handlers.

SOUTH CAROLINA INFORMATION DETAIL
POPULATION 4,679,230
NUMBER OF HOMES AND APARTMENTS 1,801,181
SOUTH CAROLINA HOME OWNERSHIP
% OWNER OCCUPIED 70.07%
% RENTER OCCUPIED 29.72%
% VACANT 12.39%
TYPE OF SOUTH CAROLINA HOMES
SINGLE FAMILY DETACHED 63.57%
ROWHOUSES AND ATTACHED HOMES 2.38%
SMALL APARTMENT BUILDINGS 4.91%
COMPLEXES OF HIGH RISE APARTMENTS 10.64%
MOBILE HOMES 18.43%
OTHER 0.07%
SIZE OF SOUTH CAROLINA HOMES
NO BEDROOM 1.20%
1 BEDROOM 5.35%
2 BEDROOMS 25.12%
3 BEDROOMS 50.22%
4 BEDROOMS 14.88%
5 OR MORE BEDROOMS 3.01%
AGE OF SOUTH CAROLINA HOMES
NEWER HOMES (2000 OR LATER) 19.13%
ESTABLISHED, BUT NOT OLD HOMES (1970-1999) 53.87%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 21.50%
HISTORIC (1939 OR BEFORE) 5.29%
SOUTH CAROLINA REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $133,683
MEDIAN RENTAL PRICE $728
HOME VALUE RANGE
$0 - $49,000 14.60%
$49,001 - $98,000 20.47%
$98,001 - $197,000 35.54%
$197,001 - $295,000 14.91%
$295,001 - $393,000 6.10%
$393,001 - $491,000 2.75%
$491,001 - $737,000 3.05%
$737,001 - $983,000 1.27%
> $983,000 1.31%
PEOPLE OF SOUTH CAROLINA DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 6.54%
5 TO 17 16.82%
18 TO 24 10.30%
25 TO 34 12.80%
35 TO 54 27.26%
55 TO 64 12.62%
65 YEARS AND OVER 13.59%
EDUCATION ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 82.99%
COLLEGE GRADUATED 23.95%
MEDIAN HOUSEHOLD INCOME $46,367
PER CAPITA INCOME $23,576
INDIVIDUALS BELOW POVERTY LEVEL 16.52%
INDUSTRIES PEOPLE WORK IN Education (20.71%)
Manufacturing (14.37%)
Retail (12.04%)
Healthcare (11.89%)
Arts (9.52%)
Professional, scientific, and technical services (8.81%)
Construction (8.03%)
Finance (5.94%)
Accommodation (5.26%)
Public Service (5.00%)
Transportation (4.86%)
Other (4.86%)
Administration (3.84%)
Wholesale (2.85%)
ATTENDING COLLEGE 5.44%
RACIAL MAKEUP
WHITE 66.16%
BLACK OR AFRICAN AMERICAN 27.90%
AMERICAN INDIAN AND ALASKA NATIVE 0.42%
ASIAN 1.28%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS 0.06%
SOME OTHER RACE ALONE 2.45%
TWO OR MORE RACES 1.73%
HISPANIC OR LATINO (OF ANY RACE) 5.10%
ETHNICITIES PRESENT Other groups (37.86%)
Unclassified (14.36%)
English (7.11%)
German (7.11%)
Irish (6.51%)
Scots-Irish (2.78%)
Italian (2.04%)
FOREIGN BORN 4.73%
LANGUAGES SPOKEN English (93.39%)
Spanish (4.26%)

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