Horry County, SC Economy


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Horry County, SC is an attractive locale for many reasons. The average two bedroom rent costs $1,140 compared to the US average of $1430, making it a much more affordable option for residents. Grocery cost index in Horry County is 97 versus 100 in the US, so grocery shopping here can also be affordable. \nThe county is home to some of South Carolina's most well-known companies including Myrtle Beach National Company, Ripley Entertainment, and Sun Fun Family Vacations. It is also home to many attractions and activities such as Broadway at the Beach and Ocean Lakes Campground. There are plenty of beachfront restaurants and nightlife venues to explore as well. Horry County offers a great quality of life and plenty of activities for its residents that make it a great place to live.

Horry County has an unemployment rate of 6.3%. The US average is 6.0%.

Horry County 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 Horry County
- The Sales Tax Rate for Horry County is 8.1%. The US average is 7.3%.
- The Income Tax Rate for Horry County 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 Horry County
- The average income of a Horry County resident is $23,693 a year. The US average is $28,555 a year.
- The Median household income of a Horry County resident is $54,688 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHorry, South CarolinaUnited States
  6.36
  -5.1%-6.2%
  40.5%33.5%
  8.0%6.2%
  7.0%4.6%
  $30,658$37,638
  $54,688$69,021
  $65,490$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  9.5%6.8%
  4.2%10.0%
  1.8%2.5%
  15.4%11.0%
  2.7%4.8%
  1.0%0.8%
  1.4%1.9%
  3.4%4.7%
  3.5%1.9%
  4.7%7.6%
  0.1%0.1%
  5.8%4.2%
  7.6%9.3%
  11.0%14.0%
  3.5%2.1%
  15.8%7.0%
  5.3%4.8%
  2.9%4.7%
Health