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. There's nothing like the smell of a brand new house, and in Myrtle Beach, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Myrtle Beach, and putting down their money on brand new construction. Myrtle Beach’s real estate is, on average, some of the newest in the nation. Myrtle Beach does seem to be experiencing an influx of affluent people, because 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.
Telecommuters are a relatively large percentage of the workforce: 14.32% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 18.99 minutes getting to work every day.
The overall education level of Myrtle Beach citizens is substantially higher than the typical US community, as 33.51% of adults in Myrtle Beach have at least a bachelor's degree, and the average American community has 21.84%.
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.