Real estate in popular Myrtle Beach neighborhoods
Popular real estate near Myrtle Beach, SC
About Myrtle Beach
Myrtle Beach is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 27,820 people and 29 constituent neighborhoods, Myrtle Beach is the 14th largest community in South Carolina.
Myrtle Beach real estate is some of the most expensive in South Carolina, although Myrtle Beach house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Myrtle Beach is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Myrtle Beach is a city of sales and office workers, service providers and professionals. There are especially a lot of people living in Myrtle Beach who work in sales jobs (15.94%), office and administrative support (13.07%) and food service (12.17%).
Another notable thing is that Myrtle Beach is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
The city is relatively quiet, having a combination of lower population density and few of those groups of people who have a tendency to be noisy. For example, Myrtle Beach has relatively fewer families with younger children, and/or college students. Combined, this makes Myrtle Beach a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
Myrtle Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
Compared to the rest of the country, citizens of Myrtle Beach spend much less time in their cars: on average, their commute to work is only 18.02 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.
In terms of college education, Myrtle Beach is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.03% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Myrtle Beach in 2010 was $28,265, which is wealthy relative to South Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $113,060 for a family of four. However, Myrtle Beach contains both very wealthy and poor people as well.
Myrtle Beach is a very ethnically-diverse city. The people who call Myrtle Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Myrtle Beach residents report their race to be White, followed by Black or African-American. Myrtle Beach also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.68% of the city’s residents. Important ancestries of people in Myrtle Beach include English, Irish, German, Italian and Scots-Irish.
Foreign born people are also an important part of Myrtle Beach's cultural character, accounting for 16.26% of the city’s population.
The most common language spoken in Myrtle Beach is English. Some people also speak Spanish.
|MYRTLE BEACH INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||12,113|
|MYRTLE BEACH HOME OWNERSHIP|
|% OWNER OCCUPIED||55.36%|
|% RENTER OCCUPIED||44.65%|
|TYPE OF MYRTLE BEACH HOMES|
|SINGLE FAMILY DETACHED||30.40%|
|ROWHOUSES AND ATTACHED HOMES||5.79%|
|SMALL APARTMENT BUILDINGS||12.38%|
|COMPLEXES OR HIGH RISE APARTMENTS||45.19%|
|SIZE OF MYRTLE BEACH HOMES|
|5 OR MORE BEDROOMS||1.68%|
|AGE OF MYRTLE BEACH HOMES|
|NEWER HOMES (2000 OR LATER)||14.13%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||63.40%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||20.13%|
|HISTORIC (1939 OR BEFORE)||2.34%|
|MYRTLE BEACH REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$134,518|
|MEDIAN RENTAL PRICE||$573|
|HOME VALUE RANGE|
|$0 - $40,000||9.77%|
|$40,001 - $80,000||10.81%|
|$80,001 - $159,000||33.85%|
|$159,001 - $239,000||14.41%|
|$239,001 - $318,000||9.29%|
|$318,001 - $398,000||5.51%|
|$398,001 - $597,000||8.08%|
|$597,001 - $796,000||4.21%|
|PEOPLE OF MYRTLE BEACH||DETAILS|
|UNDER 5 YEARS||5.75%|
|5 TO 17||12.79%|
|18 TO 24||9.85%|
|25 TO 34||16.09%|
|35 TO 54||27.91%|
|55 TO 64||12.48%|
|65 YEARS AND OVER||15.12%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||87.52%|
|MEDIAN HOUSEHOLD INCOME||$37,669|
|PER CAPITA INCOME||$28,265|
|INDIVIDUALS BELOW POVERTY LEVEL||21.42%|
|INDUSTRIES PEOPLE WORK IN||Accommodation (21.80%)
Professional, scientific, and technical services (10.12%)
Real estate (3.12%)
Information Technology (2.29%)
Public Service (2.10%)
|BLACK OR AFRICAN AMERICAN||13.88%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.73%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.30%|
|SOME OTHER RACE ALONE||8.66%|
|TWO OR MORE RACES||2.70%|
|HISPANIC OR LATINO (OF ANY RACE)||13.68%|
|ETHNICITIES PRESENT||English (7.58%)
|LANGUAGES SPOKEN||English (81.15%)
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Myrtle Beach, SC zip codes