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COMPARING TWO PLACES

Socastee vs Myrtle Beach

PLACE A
Socastee, South Carolina
VS
PLACE B
Myrtle Beach, South Carolina
Socastee is 42% smaller than Myrtle Beach. their median incomes are within a few thousand dollars. Myrtle Beach has grown faster since 2000 (32% vs 11%).
SOCASTEEMYRTLE BEACHDIFFERENCE
Total population23,79640,937−42% vs Myrtle Beach
Population density1,7801,748+32
Population growth11.3%31.6%−20.3 pts
Median age43.347.3−4.0
Male50.2%49.3%+0.9 pts
Female49.8%50.7%−0.9 pts
Foreign-born9.7%10.8%−1.1 pts
White, non-Hispanic69.6%65.6%+4.0 pts
Black5.5%14.7%−9.2 pts
Hispanic / Latino18.6%13.2%+5.4 pts
Asian1.1%1.2%−0.1 pts
Other5.3%5.3%−0.1 pts
Median household income$62,257$60,394+$1,863
Per capita income$33,347$42,969−$9,622
Poverty rate12.6%19.0%−6.4 pts
Income inequality (Gini)0.4080.513−0.1
Bachelor's degree or higher21.8%33.5%−11.7 pts
Graduate degree5.4%12.1%−6.7 pts
Unemployment rate3.5%5.4%−1.9 pts
Labor force participation59.0%58.6%+0.4 pts
Median home value$234,200$388,800−$154,600
Median gross rent$1,246$1,261−$15
Owner-occupied65.9%60.5%+5.4 pts
Housing vacancy rate8.8%27.8%−19.0 pts
Rent-burdened households40.1%55.2%−15.1 pts
Average commute20.617.7+2.9
Worked from home8.7%14.3%−5.6 pts
Public transit to work0.0%1.3%−1.3 pts
Uninsured19.4%15.3%+4.1 pts
Population, 19902024
8K16K24K33K41K1990201020202024SocasteeMyrtle Beach
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