Murrells Inlet, SC Economy


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Murrells Inlet, SC is a popular coastal town located near Myrtle Beach. It is known for its beautiful beaches, live entertainment, and local seafood restaurants. Rent for two bedroom apartments is slightly lower than the national average at $1,360 compared to the US average of $1,430. The Grocery Cost Index in Murrells Inlet is 101 versus 100 in the US. Some of the large employers in this area are Georgetown Memorial Hospital, Wacca Wache Marina, Murrells Inlet MarshWalk Boardwalk & Restaurants, and Carolina Forest High School. Amenities include golf courses, fishing piers, boat ramps along with numerous shops and restaurants.

Murrells Inlet has an unemployment rate of 5.9%. The US average is 6.0%.

Murrells Inlet has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 35.2%, which is higher than the US average of 33.5%.

Tax Rates for Murrells Inlet
- The Sales Tax Rate for Murrells Inlet is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Murrells Inlet is 7.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Murrells Inlet
- The average income of a Murrells Inlet resident is $32,884 a year. The US average is $28,555 a year.
- The Median household income of a Murrells Inlet resident is $67,981 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMurrells Inlet, South CarolinaUnited States
  5.96
  -2.2%-6.2%
  35.2%33.5%
  8.0%6.2%
  7.0%4.6%
  $53,854$37,638
  $67,981$69,021
  $83,578$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.2%6.8%
  3.2%10.0%
  1.1%2.5%
  14.7%11.0%
  1.1%4.8%
  0.6%0.8%
  1.6%1.9%
  2.4%4.7%
  4.8%1.9%
  5.5%7.6%
  0.0%0.1%
  8.7%4.2%
  12.4%9.3%
  15.4%14.0%
  2.2%2.1%
  16.4%7.0%
  2.8%4.8%
  1.4%4.7%
Reviews for Murrells Inlet
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Murrells Inlet is one of the fastest growing areas on the east coast. Regardless of your origin, race, orientation or skillset you are warmly welcome! Despite what  More

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Murrells Inlet, Pawleys Island, Litchfield Beach..very pretty, but dont move there unless you like 13.5% unemployment, racial and gender prejudice, and dont..repeat dont  More

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Over 14 years ago

The culture in the entire Grand Strand area is severly lacking. The so called "museums" here are a joke.   More

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