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Socastee, 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
23,796
Population
$62,257
Median Income
$234,200
Home Value
43.3
Median Age

Demographics

Socastee has a population of 23,796 with a median age of 43.3. Here is the racial and ethnic breakdown of the population:

White
71.3%
Hispanic
18.6%
Black
5.8%
Other
2.9%
Asian
1.4%
Demographic Value
Total Population23,796
Median Age43.3
White71.3%
Black or African American5.8%
Asian1.4%
Hispanic or Latino18.6%
Other / Two or More Races2.9%
Socastee, South Carolina — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 71.3%Hispanic/Latino: 18.6%Black: 5.8%Other: 2.9%Other: 1.4%23,796PopulationWhiteWhite71.3%Hispanic/LatinoHispanic/Latino18.6%BlackBlack5.8%OtherOther2.9%OtherOther1.4%

Income & Economy

The median household income in Socastee is $62,257, which is 22.8% below the national median of $80,610. The per capita income is $33,347. The poverty rate is 12.6%.

$62,257
Median Household Income
$33,347
Per Capita Income
12.6%
Poverty Rate

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Education

In Socastee, 91.2% of residents age 25+ have a high school diploma or higher, and 21.8% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
91.2%
Bachelor's+
21.8%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher91.2%
Bachelor's Degree or Higher21.8%
Graduate or Professional Degree5.4%

Housing

The median home value in Socastee is $234,200, below the national median of $303,400. The median monthly rent is $1,246. The homeownership rate is 65.9%.

$234,200
Median Home Value
$1,246/mo
Median Rent
65.9%
Homeownership Rate
Housing Metric Value
Median Home Value$234,200
Median Monthly Rent$1,246
Homeownership Rate65.9%
Vacancy Rate8.8%

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 Socastee, South Carolina?
The population of Socastee, South Carolina is 23,796 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Socastee, South Carolina?
The median household income in Socastee, South Carolina is $62,257. This is 22.8% below the national median of $80,610.
What is the median home value in Socastee, South Carolina?
The median home value in Socastee, South Carolina is $234,200. The median monthly rent is $1,246.
What percentage of people in Socastee have a college degree?
In Socastee, South Carolina, 21.8% of adults age 25 and older hold a bachelor's degree or higher, and 91.2% have a high school diploma or higher.
Is Socastee, South Carolina an affordable place to live?
The home price-to-income ratio in Socastee, South Carolina is 3.8x (median home value $234,200 vs. median income $62,257), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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