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Myrtle Beach, South Carolina

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
38,371
Population
$60,394
Median Income
$388,800
Home Value
47.3
Median Age

Demographics

Myrtle Beach has a population of 38,371 with a median age of 47.3. Here is the racial and ethnic breakdown of the population:

White
66.6%
Black
15.0%
Hispanic
13.2%
Other
4.0%
Asian
1.2%
Demographic Value
Total Population38,371
Median Age47.3
White66.6%
Black or African American15.0%
Asian1.2%
Hispanic or Latino13.2%
Other / Two or More Races4.0%
Myrtle Beach, South Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 66.6%Black: 15.0%Hispanic/Latino: 13.2%Other: 4.0%Other: 1.2%38,371PopulationWhiteWhite66.6%BlackBlack15.0%Hispanic/LatinoHispanic/Latino13.2%OtherOther4.0%OtherOther1.2%

Income & Economy

The median household income in Myrtle Beach is $60,394, which is 25.1% below the national median of $80,610. The per capita income is $42,969. The poverty rate is 19.0%.

$60,394
Median Household Income
$42,969
Per Capita Income
19.0%
Poverty Rate

Employment

The unemployment rate in Myrtle Beach is 4.5%, compared to the national rate of 4.1%.

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Education

In Myrtle Beach, 92.4% of residents age 25+ have a high school diploma or higher, and 33.5% hold a bachelor's degree or higher (12.1% with a graduate or professional degree).

HS Diploma+
92.4%
Bachelor's+
33.5%
Graduate+
12.1%
Education Level % of Adults (25+)
High School Diploma or Higher92.4%
Bachelor's Degree or Higher33.5%
Graduate or Professional Degree12.1%

Housing

The median home value in Myrtle Beach is $388,800, above the national median of $303,400. The median monthly rent is $1,261. The homeownership rate is 60.5%.

$388,800
Median Home Value
$1,261/mo
Median Rent
60.5%
Homeownership Rate
Housing Metric Value
Median Home Value$388,800
Median Monthly Rent$1,261
Homeownership Rate60.5%
Vacancy Rate27.8%

Salaries in South Carolina

Explore salary data for popular occupations in South Carolina:

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Other Cities in South Carolina

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Frequently Asked Questions

What is the population of Myrtle Beach, South Carolina?
The population of Myrtle Beach, South Carolina is 38,371 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Myrtle Beach, South Carolina?
The median household income in Myrtle Beach, South Carolina is $60,394. This is 25.1% below the national median of $80,610.
What is the median home value in Myrtle Beach, South Carolina?
The median home value in Myrtle Beach, South Carolina is $388,800. The median monthly rent is $1,261.
What percentage of people in Myrtle Beach have a college degree?
In Myrtle Beach, South Carolina, 33.5% of adults age 25 and older hold a bachelor's degree or higher, and 92.4% have a high school diploma or higher.
Is Myrtle Beach, South Carolina an affordable place to live?
The home price-to-income ratio in Myrtle Beach, South Carolina is 6.4x (median home value $388,800 vs. median income $60,394), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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