North Myrtle Beach, SC is a great place to live or vacation. It offers beautiful beaches, an abundance of activities and attractions, as well as convenient access to local businesses. Renting a two bedroom apartment in North Myrtle Beach is available for $1,290 per month versus the US average of $1,430 per month making it more affordable. Additionally, the Grocery Cost Index in North Myrtle Beach is 101 versus 100 in the US which further adds to the affordability of living here. There are many great local business such as Brittain World Travel & Tours, Grand Strand Vacations Inc. and Black Pearl Vacation Rentals providing residents with quality services and amenities.
North Myrtle Beach has an unemployment rate of 6.3%. The US average is 6.0%.
North 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 40.5%, which is higher than the US average of 33.5%.
Tax Rates for North Myrtle Beach
- The Sales Tax Rate for North Myrtle Beach is 8.0%. The US average is 7.3%.
- The Income Tax Rate for North 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 North Myrtle Beach
- The average income of a North Myrtle Beach resident is $33,753 a year. The US average is $28,555 a year.
- The Median household income of a North Myrtle Beach resident is $64,417 a year. The US average is $69,021 a year.