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Economy in Myrtle Beach, South Carolina

Overview, People, Health, Economy, Housing, Rankings, Crime
Climate, Education, Transportation, Cost of Living, Religion, Voting

Economy
EconomyMyrtle Beach, SCUnited States
Unemployment Rate9.40%9.10%
Recent Job Growth2.46%-0.12%
Future Job Growth35.52%31.25%
Sales Taxes7.00%6.80%
Income Taxes7.00%6.25%
Income per Cap.$27,511$27,067
Household Income$40,122$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K14.43%12.10%
Income between 15K and 25K13.64%10.18%
Income between 25K and 35K15.74%10.56%
Income between 35K and 50K18.70%14.98%
Income between 50K and 75K17.14%19.53%
Income between 75K and 100K8.00%12.52%
Income between 100K and 150K7.58%12.14%
Income between 150K and 250K1.51%3.91%
Income between 250K and 500K2.45%3.34%
Income greater than 500K0.82%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations13.80%13.81%
Professional and Related Occupations17.90%22.68%
Service25.11%14.51%
Sales and Office30.35%25.22%
Farming, Fishing, and Forestry0.02%0.68%
Construction, Extraction, and Maintenance11.05%9.37%
Production, Transportation, and Material Moving8.92%15.86%
Median Household Income

The unemployment rate in Myrtle Beach, SC, is 9.40%, with job growth of 2.46%. Future job growth over the next ten years is predicted to be 35.52%.

Myrtle Beach, SC Taxes

Myrtle Beach, SC,sales tax rate is 7.00%. Income tax is 7.00%.

Myrtle Beach, SC Income and Salaries

The income per capita is $27,511, which includes all adults and children. The median household income is $40,122.


Myrtle Beach Economy SperlingViews

MRTLE BEACH UNEMPLOYMENT: The statistics shown by Sperling Views is totally incorrect. The unemployment rate in Myrtle Beach is NOT 27%. It is 10.6, app. the same as the rest of the... (read more)Knowing The Tides of the Myrtle Beach Economy: Just wanted to offer a primer as someone who has grown up here and worked on-and-off for the past seven years along the Strand. Understand this: You can always find a... (read more)What a beautiful place: Myrtle beach is a beautiful place with blue waters and white sandy beaches the sun would shine for hours and at night, the nightlife is wild and... (read more)Have an opinion about Myrtle Beach? Leave a commentTo See All SperlingViews for Myrtle Beach Click Here