Zip 29579 (Myrtle Beach, SC) Economy


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Myrtle Beach, South Carolina (29579) is a popular vacation destination with its sandy beaches and pleasant weather. It’s also a great place to live, with two bedroom rents averaging $1,330 per month, which is lower than the national average of $1,430. Grocery costs in Myrtle Beach are relatively low too at 99 compared to the index of 100 in the US.
The city features many attractions, including Broadway at the Beach, Family Kingdom Amusement Park and Ripley’s Aquarium. In terms of local businesses and amenities, there are stores like Walmart and Home Depot plus movie theaters such as Carmike Cinemas and Grand 14 Cinema. The area also enjoys delicious restaurants like Fuddruckers and Olive Garden. With its affordable rent prices and fun activities, Myrtle Beach is an ideal place to call home.

Myrtle Beach (zip 29579) has an unemployment rate of 6.3%. The US average is 6.0%.

Myrtle Beach (zip 29579) has seen the job market decrease by -5.1% 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 Myrtle Beach (zip 29579)
- The Sales Tax Rate for Myrtle Beach (zip 29579) is 8.0%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Beach (zip 29579) 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 (zip 29579)
- The average income of a Myrtle Beach (zip 29579) resident is $31,864 a year. The US average is $37,638 a year.
- The Median household income of a Myrtle Beach (zip 29579) resident is $63,545 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMyrtle Beach, South CarolinaUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Myrtle Beach
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18 years ago I bought a mobile home in a community called Emerald Forest. it was on a rented lot. back then, it was the nicest place you would want to live. Over the  More

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