Folly Beach is a very small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 2,056 people and just one neighborhood, Folly Beach is the 133rd largest community in South Carolina.
Folly Beach home prices are not only among the most expensive in South Carolina, but Folly Beach real estate also consistently ranks among the most expensive in America.
Unlike some cities, Folly Beach isn’t mainly white- or blue-collar. Instead, the most prevalent occupations for people in Folly Beach are a mix of both white- and blue-collar jobs. Overall, Folly Beach is a city of professionals, sales and office workers, and service providers. There are especially a lot of people living in Folly Beach who work in office and administrative support (17.49%), legal occupations (17.14%), and management occupations (12.72%).
Also of interest is that Folly Beach has more people living here who work in computers and math than 95% of the places in the US.
Telecommuters are a relatively large percentage of the workforce: 16.96% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Folly Beach is a major vacation destination. Much of the city’s population is seasonal: many people own second homes and only live there part-time, during the vacation season. The effect on the local economy is that many of the businesses are dependent on tourist dollars, and may operate only during the high season. As the vacation season ends, Folly Beach’s population drops significantly, such that year-round residents will notice that the city is a much quieter place to live.
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, Folly Beach has relatively fewer families with younger children, and/or college students. Combined, this makes Folly Beach a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
Folly 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. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.
Being a small city, Folly Beach does not have a public transit system used by locals to get to and from work.
The citizens of Folly Beach are among the most well-educated in the nation: 46.90% of adults in Folly Beach have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Folly Beach in 2018 was $55,766, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $223,064 for a family of four. However, Folly Beach contains both very wealthy and poor people as well.
The people who call Folly Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Folly Beach residents report their race to be White. Important ancestries of people in Folly Beach include German, Irish, English, Scottish, and Italian.
The most common language spoken in Folly Beach is English. Other important languages spoken here include Italian and Polish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
is a neighborhood that is on the ocean, a bay, or inlet. Many times, such places have amenities that bring locals and visitors to the waterfront for recreational activities or to check out the scenery. In some densely populated areas that are less financially well-off, the neighborhood waterfront can be relatively industrial and less open to recreation. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 76.9% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.8% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're planning where to retire, the neighborhood in Folly Beach is a great option to consider. According to NeighborhoodScout's exclusive retirement dream area analysis, it's peaceful and quiet, has above average safety ratings compared to other neighborhoods in SC, offers a wide range of housing options, and has already attracted an enviable mix of college educated seniors. This neighborhood ranks as better for retirement living than 89.6% of the neighborhoods in South Carolina. If you are considering retiring to South Carolina, this is a good neighborhood to look at.
Did you know that the neighborhood has more Scottish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.0% of this neighborhood's residents have Scottish ancestry and 2.3% have Eastern European ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Folly Beach are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 59.4% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the neighborhood, 41.0% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 25.4% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (24.1%), and 9.5% in manufacturing and laborer occupations.
The most common language spoken in the neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.9%).
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the neighborhood in Folly Beach, SC, residents most commonly identify their ethnicity or ancestry as German (15.0%). There are also a number of people of Irish ancestry (9.9%), and residents who report Scottish roots (8.0%), and some of the residents are also of Italian ancestry (7.0%), along with some English ancestry residents (6.6%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend between 30 and 45 minutes commuting one-way to work (44.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (75.6%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (16.1%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.