The city of Murrells Inlet, South Carolina is located in Georgetown County and has an estimated population of 29576. The average two bedroom rent for this area is $1,370 per month, slightly lower than the national average of $1,430. The grocery cost index for Murrells Inlet is 101 compared to the US average of 100 which means residents can expect to pay one percent more than the national standard for groceries. There are a few local companies that offer lower rental costs including Murells Inlet Property Management, Cove Realty at Garden City Beach, and Real Estate by the Sea. All three companies provide assistance with finding a property and reduce monthly rent costs depending on the size and location of the space.
Murrells Inlet (zip 29576) has an unemployment rate of 6.3%. The US average is 6.0%.
Murrells Inlet (zip 29576) has seen the job market increase by 1.6% over the last year. Future job growth over the next ten years is predicted to be 40.5%, which is higher than the US average of 33.5%.
Tax Rates for Murrells Inlet (zip 29576)
- The Sales Tax Rate for Murrells Inlet (zip 29576) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Murrells Inlet (zip 29576) 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 (zip 29576)
- The average income of a Murrells Inlet (zip 29576) resident is $32,530 a year. The US average is $28,555 a year.
- The Median household income of a Murrells Inlet (zip 29576) resident is $60,320 a year. The US average is $69,021 a year.