Myrtle Beach, South Carolina 

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Economy in Myrtle Beach, South Carolina

Myrtle Beach has an unemployment rate of 7.6%. The US average is 6.0%.

Myrtle Beach 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 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Myrtle Beach
- The Sales Tax Rate for Myrtle Beach is 8.7%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Beach 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 Myrtle Beach
- The average income of a Myrtle Beach resident is $26,949 a year. The US average is $28,555 a year.
- The Median household income of a Myrtle Beach resident is $37,064 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMyrtle Beach, South CarolinaUnited States
  7.6%6.0%
  -5.1%-6.2%
  38.8%33.5%
  9.0%6.2%
  7.0%4.6%
  $28,280$31,177
  $39,006$57,652
  $50,855$70,850
  POPULATION BY OCCUPATION
  0.4%1.3%
  0.0%0.6%
  9.1%6.2%
  2.5%10.4%
  2.2%2.7%
  13.6%11.6%
  1.6%4.1%
  0.3%0.9%
  0.7%2.1%
  2.6%4.7%
  3.9%1.9%
  3.8%6.7%
  0.0%0.1%
  3.2%4.3%
  6.5%9.3%
  9.6%13.8%
  3.7%2.2%
  27.4%7.4%
  5.5%4.9%
  3.3%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 6%)
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    Reviews for Myrtle Beach    56 Reviews
    Change isn't always good - 2/7/2020
    Coming from Massachusetts and New York state, I loved the weather, beach and change of lifestyle. Being an outgoing friendly person I met some nice people here along... Read More

    Start Your Review of Myrtle Beach


    Yes to The Carolinas But No to Myrtle - 1/4/2019
    We were looking for a new city, and Myrtle Beach had had enough press that we were curious to check it out. A 30something and 40something couple, both of us have... Read More

    Pro's and Con's of living in Myrtle Beach - 11/25/2018
    If I could give 4.5 instead of 5 I would because Id like to see the traffic flow better with more red lights and see more money put in to landscaping the roadways and... Read More


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    MAPS OF MYRTLE BEACH, SOUTH CAROLINA
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time. You can also use our New Interactive Map to explore places.Myrtle_Beach,South Carolina Map
    ZIP CODES IN MYRTLE BEACH, SOUTH CAROLINA
    29577 29568 29572

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