Little River, SC Economy


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Little River, SC is a small city near North Myrtle Beach that has all the amenities of a larger town while maintaining its charming coastal atmosphere. Located in Horry County, Little River offers beautiful beaches and access to nearby attractions like Barefoot Landing and House of Blues. Despite its size, Little River provides plenty of job opportunities with local companies such as The Tanger Outlets, KFC/Taco Bell, Marriott Vacations Club International and Brunswick Plantation & Golf Resort providing employment opportunities for the local population. \nWhen it comes to cost of living expenses, Little River is significantly cheaper than more populated areas. For instance, the two bedroom rent in Little River is $1,080 compared to the national average which is $1,430. Similarly, the Grocery Cost Index in Little River is 98 whereas it's 100 nationally. Living in this area can be an affordable option for people who want to enjoy coastal living without breaking their budget.

Little River has an unemployment rate of 6.3%. The US average is 6.0%.

Little River 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 Little River
- The Sales Tax Rate for Little River is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Little River 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 Little River
- The average income of a Little River resident is $27,990 a year. The US average is $28,555 a year.
- The Median household income of a Little River resident is $56,733 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyLittle River, South CarolinaUnited States
  6.36
  -5.1%-6.2%
  40.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $35,644$37,638
  $56,733$69,021
  $67,789$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  4.9%6.8%
  8.8%10.0%
  0.0%2.5%
  15.1%11.0%
  1.0%4.8%
  4.5%0.8%
  0.3%1.9%
  5.2%4.7%
  5.7%1.9%
  6.4%7.6%
  0.0%0.1%
  6.3%4.2%
  6.6%9.3%
  7.1%14.0%
  1.7%2.1%
  21.2%7.0%
  3.0%4.8%
  2.0%4.7%
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