Last updated: 2024 BLS data · Page refreshed:
Folly Beach has a population of 1,267 with a median age of 62.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,267 |
| Median Age | 62.0 |
| White | 96.3% |
| Other / Two or More Races | 3.7% |
The median household income in Folly Beach is $102,279, which is 26.9% above the national median of $80,610. The per capita income is $82,963. The poverty rate is 4.0%.
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In Folly Beach, 97.4% of residents age 25+ have a high school diploma or higher, and 65.3% hold a bachelor's degree or higher (27.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.4% |
| Bachelor's Degree or Higher | 65.3% |
| Graduate or Professional Degree | 27.7% |
The median home value in Folly Beach is $1,000,000, above the national median of $303,400. The median monthly rent is $1,844. The homeownership rate is 94.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $1,000,000 |
| Median Monthly Rent | $1,844 |
| Homeownership Rate | 94.7% |
| Vacancy Rate | 72.1% |
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