Zip 29577 (Myrtle Beach, SC) Economy


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Myrtle Beach, South Carolina, with zip code 29577, is a beautiful coastal city that offers an affordable lifestyle for its residents. The average two bedroom rent in Myrtle Beach is $1,140 compared to the US average of $1,430. In addition to housing costs being lower than the national average, grocery cost index in the area is 97 versus 100 in the US.
Myrtle Beach is filled with an abundance of activities and entertainment options for everyone, from small local businesses to larger companies such as Sand Dunes Resort & Spa, Captain George's Seafood Restaurant and Ripley's Aquarium. Other attractions include Family Kingdom Amusement Park, Broadway at the Beach and Myrtle Waves Water Park are must-see experiences for tourist and locals alike. With its emerald waters and white sandy beaches Myrtle Beach is a wonderful place to call home!

Myrtle Beach (zip 29577) has an unemployment rate of 7.6%. The US average is 6.0%.

Myrtle Beach (zip 29577) 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 38.8%, which is higher than the US average of 33.5%.

Tax Rates for Myrtle Beach (zip 29577)
- The Sales Tax Rate for Myrtle Beach (zip 29577) is 9.0%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Beach (zip 29577) 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 29577)
- The average income of a Myrtle Beach (zip 29577) resident is $30,022 a year. The US average is $37,638 a year.
- The Median household income of a Myrtle Beach (zip 29577) resident is $43,626 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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I lived and worked at Myrtle Beach AFB in 1980. It was a nice quaint beach town. Every tourist attraction was boarded up after Labor Day until the Canadians came down  More

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