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.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 11.79% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. 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 educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Because of many things, Isle of Palms is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Isle of Palms really has some of the features that families look for when choosing a good community to raise children. Is Isle of Palms perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
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.
Do you like to read, write and learn? If you move to Isle of Palms, you'll likely find that many of your neighbors like to as well. Isle of Palms is one of the more educated communities in America, with a full 70.09% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
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.