Myrtle Beach is a medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 40,535 people and 32 associated neighborhoods, Myrtle Beach is the 13th largest community in South Carolina. Much of the housing stock in Myrtle Beach was built relatively recently. The construction of new real estate can often be taken as an indication that the local Myrtle Beach economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Myrtle Beach, where the median household income is $60,394.00.

Myrtle Beach real estate is some of the most expensive in South Carolina, although Myrtle Beach house values don't compare to the most expensive real estate in the U.S.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 14.32% 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.

Myrtle Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Such areas are often places that visitors and locals go for waterfront activities or taking in the scenery.

Compared to the rest of the country, citizens of Myrtle Beach spend much less time in their cars: on average, their commute to work is only 18.99 minutes. This also means that noise and pollution levels in the city are less than they would otherwise be.

In terms of college education, Myrtle Beach is substantially better educated than the typical community in the nation, which has 21.84% of the adults holding a bachelor's degree or graduate degree: 33.51% of adults in Myrtle Beach have a college degree.

The per capita income in Myrtle Beach in 2022 was $42,969, which is wealthy relative to South Carolina, and upper middle income relative to the rest of the US. This equates to an annual income of $171,876 for a family of four. However, Myrtle Beach contains both very wealthy and poor people as well.

Myrtle Beach is an extremely ethnically-diverse city. The people who call Myrtle Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Myrtle Beach residents report their race to be White, followed by Black or African-American. Myrtle Beach also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 13.19% of the city’s residents. Important ancestries of people in Myrtle Beach include English, Irish, German, European, and Italian.

The most common language spoken in Myrtle Beach is English. Other important languages spoken here include Spanish and Other Indo-European.