Murrells Inlet is a somewhat small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 9,740 people and eight constituent neighborhoods, Murrells Inlet is the 50th largest community in South Carolina. Much of the housing stock in Murrells Inlet was built relatively recently. The construction of new real estate can often be taken as an indication that the local Murrells Inlet economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Murrells Inlet, where the median household income is $67,981.00.
Murrells Inlet home prices are not only among the most expensive in South Carolina, but Murrells Inlet real estate also consistently ranks among the most expensive in America.
Also of interest is that Murrells Inlet 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: 11.11% 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.
The town 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, Murrells Inlet has relatively fewer families with younger children, and/or college students. Combined, this makes Murrells Inlet a pretty quiet place to live overall. If you like quiet, you will probably enjoy it here.
One of the nice things about Murrells Inlet is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.
Being a small town, Murrells Inlet does not have a public transit system used by locals to get to and from work.
The population of Murrells Inlet is very well educated relative to most cities and towns in the nation, where the average community has 21.84% of its adult population holding a 4-year degree or higher: 38.87% of adults in Murrells Inlet have a bachelor's degree or even advanced degree.
The per capita income in Murrells Inlet in 2018 was $53,854, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $215,416 for a family of four. However, Murrells Inlet contains both very wealthy and poor people as well.
The people who call Murrells Inlet home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Murrells Inlet residents report their race to be White, followed by Black or African-American. Important ancestries of people in Murrells Inlet include English, Irish, German, Greek, and Italian.
The most common language spoken in Murrells Inlet is English. Other important languages spoken here include Spanish and Chinese.