Isle of Palms 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 4,360 people and two constituent neighborhoods, Isle of Palms is the 88th largest community in South Carolina.
Isle of Palms home prices are not only among the most expensive in South Carolina, but Isle of Palms real estate also consistently ranks among the most expensive in America.
Isle of Palms is a decidedly white-collar city, with fully 90.28% of the workforce employed in white-collar jobs, well above the national average. Overall, Isle of Palms is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Isle of Palms who work in management occupations (19.38%), sales jobs (16.25%), and office and administrative support (7.89%).
Also of interest is that Isle of Palms 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: 11.79% 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 Isle of Palms 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.
In addition, Isle of Palms is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Isle of Palms is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Isle of Palms’s overall crime rate is lower than average for the country.
Isle of Palms 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.
If knowledge is power, Isle of Palms is a pretty powerful place. 70.09% of the adults in Isle of Palms have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Isle of Palms in 2018 was $74,127, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $296,508 for a family of four.
The people who call Isle of Palms home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Isle of Palms residents report their race to be White, followed by Asian. Important ancestries of people in Isle of Palms include Irish, English, German, Scottish, and French.
The most common language spoken in Isle of Palms is English. Other important languages spoken here include French and Polish.