Socastee, SC — City Data, Demographics & Statistics
Horry County · South Carolina
City DNA
A unique fingerprint for Socastee based on 8 key metrics — compared to averages.
Quick Stats
Population
24,629
2023 ACS
Median Income
$59,826
2023
Median Home Value
$218,200
2023
Median Rent
$1,244
2023
Median Age
43.3
Unemployment
5.4%
Cost of Living Index
102.5
100 = national avg
Socastee is a city in Horry County, South Carolina, with a population of 24,629 according to the 2023 American Community Survey. Socastee is one of the communities in South Carolina.
The median household income in Socastee is $59,826, and the median home value is $218,200. The cost of living index is 102.5 (where 100 = national average), and the median rent is $1,244 per month. The unemployment rate is 5.4%, and the median age is 43.3 years.
People & Demographics
Source: U.S. Census Bureau ACS (2023)Population
Total Population
24,629
Male
12,221
49.6%
Female
12,408
50.4%
Median Age
43.3
Education & Household
Bachelor's or Higher
15.7%
High School or Higher
40.1%
Foreign Born
9.6%
Veterans
8.4%
Married
41.8%
Avg Household Size
2.7
Marital Status by Age
Race & Ethnicity
Diversity Index
0.417
Simpson's Index (0-1)
Largest Group
White
72.9%
Foreign Born
9.6%
Hispanic/Latino Ethnicity
Hispanic/Latino is an ethnicity, not a race. People of any race can identify as Hispanic. This percentage overlaps with the racial categories above.
Hispanic/Latino
16.2%
3,980 people
Not Hispanic/Latino
83.8%
Hispanic/Latino Detail
Source: U.S. Census Bureau ACS (2023)Asian Detail
Source: U.S. Census Bureau ACS (2023)Languages Spoken
Total Speakers (5+)
23,366
English Only
86.5%
#1 Non-English Language
Spanish
2,567 speakers
Limited English
6.6%
Language Distribution
English Proficiency
Speaks English Very Well
93.4%
Limited English Proficiency
6.6%
Veterans & Military
Total Veterans
2,064
8.4% of population
Disability Rate
28.8%
595 with disability
Veteran Median Income
$36,892
Unemployment Rate
2.2%
Period of Service
Veteran Age Distribution
Male Veterans
2,012
97.5%
Female Veterans
52
2.5%
Veteran vs Non-Veteran Income
Veteran Income
$36,892
Non-Veteran Income
$27,818
Difference
$9,074
32.6% higher
Disability Status
With Disability
595
Without Disability
1,469
Disability Rate
28.8%
Ancestry & Heritage
Total Reporting Ancestry
16,373
#1 Ancestry
English
13.3% (3,281)
#2 Ancestry
Irish
11.2% (2,766)
#3 Ancestry
American
9.0% (2,222)
Top 20 Ancestries
Source: U.S. Census Bureau ACS (2023)Families & Households
Total Households
8,982
Family Households
5,992
66.7%
Married Couples
4,349
48.4%
Non-Family Households
2,990
33.3%
Single Mother Households
1,142
12.7%
Single Father Households
501
5.6%
Living Alone
2,264
25.2%
Children Under 18
Total Children
3,771
In Married Couple
2,630
69.7%
With Single Mother
823
21.8%
With Single Father
318
8.4%
Family Income
Median Family Income
$66,764
Married Couple Income
$80,941
Single Mother Income
$52,759
Single Father Income
$42,718
Avg Family Size
2.7
Avg Non-Family Size
2.9
Grandparents w/ Grandchildren
425
Grandparents Responsible
18
Economy
Source: U.S. Census Bureau ACS (2023)Income Overview
Median Household Income
$59,826
-18% vs national
Per Capita Income
$32,508
-13% vs national
Poverty Rate
13.1%
-4% vs national
Gini Index
0.4107
0 = perfect equality
Unemployment
5.4%
+3% vs national
SNAP Recipients
11.6%
of households
How Socastee Compares
Socastee vs Similar Cities
Compared to cities with 10,000 - 25,000 residents. Socastee is highlighted.
Median Household Income
Socastee, SC has a median household income of $59,826, making it the 16,590th highest median household income out of 28,123 cities in our database. This means that Socastee has a higher median household income than 41% of all the cities we measured.
Per Capita Income
Socastee, SC has a per capita income of $32,508, making it the 14,609th highest per capita income out of 28,123 cities in our database. This means that Socastee has a higher per capita income than 48% of all the cities we measured.
Poverty Rate
Socastee, SC has a poverty rate of 13.1%, making it the 13,081st highest poverty rate out of 31,262 cities in our database. This means that Socastee has a higher poverty rate than 58% of all the cities we measured.
Unemployment Rate
Socastee, SC has a unemployment rate of 5.4%, making it the 10,687th highest unemployment rate out of 31,012 cities in our database. This means that Socastee has a higher unemployment rate than 66% of all the cities we measured.
Where Do You Stack Up?
Enter your household income to see how you compare to other households in Socastee. The median household income here is $59,826.
Income Distribution
Employment Snapshot
Unemployment Rate
5.4%
-12% vs SC avg
Labor Force
12,353
Employed
11,666
Mean Commute
19 min
How People Get to Work
Employment by Sector
Education & Workforce
Bachelor's Degree+
15.7%
of adults 25+
High School Diploma+
40.1%
of adults 25+
Median Age
43.3
Work from Home
6.8%
of workers
Top Occupations & Wages
Source: Bureau of Labor Statistics OEWS (2024)
Data represents the Myrtle Beach-Conway-North Myrtle Beach, SC metro area
Highest-Paying Job
Registered Nurses
Top Median Wage
$82.7K
per year
Occupations Tracked
20
Cost of Living
Overall Index
102.5
100 = national avg
+2.5 vs national average
Living Wage (1 Adult)
$45,093
per year
Living Wage (Family of 4)
$106,583
per year
Cost Index by Category
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD
1 Bedroom
$1,229
per month
2 Bedroom
$1,465
per month
The median household income in Socastee, SC is $59,826, which is 18.3% below the national average of $73,224. Per capita income is $32,508. The poverty rate of 13.1% is lower than the SC state average of 19.1%. The Gini index of income inequality is 0.4107, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.4%, compared to the state average of 6.1%. The labor force is 12,353. 15.7% of adults hold a bachelor's degree or higher. The average commute time is 19 minutes, with 6.8% working from home. About 82.4% of workers drive alone to work. The overall cost of living index is 102.5, which is 2.5% above the national average. Housing costs are above the national average at an index of 118.0. A single adult needs to earn approximately $45,093 per year to cover basic expenses.
Housing & Real Estate
Market SnapshotRedfin — January 2026
Median Sale Price
$399,900
Median List Price
$339,000
Price Per Sq Ft
$203
Days on Market
76
Active Inventory
186
Months of Supply
8.9
Buyer's market
Market CompetitivenessRedfin
Sold Above List
4.8%
Off Market in 2 Weeks
44.4%
Sale-to-List Ratio
98.4%
Buyer's market
Price TrendsRedfin
Market ActivityRedfin
Homes Sold
21
New Listings
51
Pending Sales
36
Price Per Square FootRedfin
Median Sale $/SF
$203
Median List $/SF
$207
House Price IndexFHFA
How much have housing prices increased in Socastee, SC? According to the Federal Housing Finance Agency (FHFA) House Price Index for the Myrtle Beach-Conway-North Myrtle Beach, SC metro area, home prices have risen 93.2% over the past 20 years. The 10-year growth rate is 112.9%. Over the last 5 years, prices increased 65.0%. In the most recent 2-year period, the index rose 5.4%. The FHFA HPI tracks average price changes in repeat sales or refinancings of single-family properties with conforming mortgages. Because this is a metro-level index, it reflects the broader Myrtle Beach-Conway-North Myrtle Beach, SC housing market rather than Socastee alone.
Metro area: Myrtle Beach-Conway-North Myrtle Beach, SC
Socastee vs Similar CitiesCensus ACS / Redfin
Compared to cities with 10,000 - 25,000 residents. Socastee is highlighted.
Median Home Value
Socastee, SC has a median home value of $218,200, making it the 11,051st highest median home value out of 27,993 cities in our database. This means that Socastee has a higher median home value than 61% of all the cities we measured.
Median Rent
Socastee, SC has a median rent of $1,244, making it the 6,189th highest median rent out of 22,337 cities in our database. This means that Socastee has a higher median rent than 72% of all the cities we measured.
Median Price Per Sq Ft
Socastee, SC has a price per square foot of $203, making it the 7,820th highest price per square foot out of 20,748 cities in our database. This means that Socastee has a higher price per square foot than 62% of all the cities we measured.
Rent Burden
Socastee, SC has a rent burden of 25.0%, making it the 3,474th highest rent burden out of 21,928 cities in our database. This means that Socastee has a higher rent burden than 84% of all the cities we measured.
Census Housing DataU.S. Census Bureau ACS 2023
Median Home Value
$218,200
Median Rent
$1,244
Total Housing Units
10,077
Vacancy Rate
10.9%
Owner Occupied
63.6%
Renter Occupied
36.4%
Median Property Tax
$705
per year
Monthly Cost (w/ Mortgage)
$828
Housing Types
Property TaxU.S. Census Bureau ACS 2023
Median Property Tax
$705
per year
Effective Tax Rate
0.32%
of home value
Median Home Value
$218,200
Estimated Mean Tax
$933
The effective property tax rate is calculated by dividing the median annual property tax ($705) by the median home value ($218,200). In Socastee, SC, this works out to an effective rate of 0.32%. This is below the national average of approximately 1.1%.
The current median sale price in Socastee, SC is $399,900 according to Redfin data. Homes spend a median of 76 days on the market. 4.8% of homes sold above asking price. The market has 8.9 months of supply. The median price per square foot is $203. The median rent is $1,244 per month (Census ACS). About 63.6% of housing units are owner-occupied. The median year homes were built is 1994. There are 10,077 total housing units. Homeowners pay a median annual property tax of $705. The effective tax rate is 0.32%, below the national average.
Crime data is not yet available for Socastee. The FBI UCR/NIBRS program does not cover all jurisdictions.
Natural Hazard Risk
Source: FEMA National Risk IndexRisk Score
98.2
Relatively High
Expected Annual Loss
97.5
Score (0-100)
Social Vulnerability
65.4
Score (0-100)
Community Resilience
66.4
Score (0-100)
Scores range from 0 (lowest risk) to 100 (highest risk) relative to all U.S. communities. Data from FEMA National Risk Index.
Disaster History & Federal Spending
Source: FEMATotal Declarations
34
Public Assistance
$71.4M
Individual Assistance
$10.6M
Most Common Type
Hurricane
18 declarations
Public Assistance by Category
| Disaster | Type | Date | PA $ | IA $ |
|---|---|---|---|---|
| Severe Winter Storm → | Winter Storm | Jan 2026 | — | — |
| Covington Drive Fire → | Fire | Mar 2025 | — | — |
| Tropical Storm Debby → | Tropical Storm | Sep 2024 | $1.8M | — |
| Hurricane Helene → | Tropical Storm | Sep 2024 | — | — |
| Hurricane Debby → | Tropical Storm | Aug 2024 | — | — |
| Hurricane Idalia → | Hurricane | Aug 2023 | $485K | — |
| Hurricane Ian → | Hurricane | Nov 2022 | $2.7M | $431K |
| Hurricane Ian → | Hurricane | Sep 2022 | — | — |
| Covid-19 Pandemic → | Biological | Mar 2020 | $2.3M | $1.0M |
| Covid-19 → | Biological | Mar 2020 | — | — |
| Hurricane Dorian → | Hurricane | Sep 2019 | $2.1M | — |
| Hurricane Dorian → | Hurricane | Sep 2019 | — | — |
| Hurricane Florence → | Hurricane | Sep 2018 | $20.6M | $4.9M |
| Hurricane Florence → | Hurricane | Sep 2018 | — | — |
| Hurricane Irma → | Hurricane | Oct 2017 | $83K | — |
| Hurricane Irma → | Hurricane | Sep 2017 | — | — |
| Hurricane Matthew → | Hurricane | Oct 2016 | $28.7M | $2.9M |
| Hurricane Matthew → | Hurricane | Oct 2016 | — | — |
| Severe Storms and Flooding → | Flood | Oct 2015 | $2.8M | $1.3M |
| Severe Storms and Flooding → | Severe Storm | Oct 2015 | — | — |
Showing 20 of 37 disasters
PA = FEMA Public Assistance (infrastructure recovery). IA = Individual Assistance (homeowner/renter aid).
Flood Insurance (NFIP)
Source: FEMA NFIPTotal Claims
12,522
Total Claims Paid
$339,492,525
Avg Claim Payout
$27,112
County-level NFIP data from FEMA National Flood Insurance Program.
Hazard Mitigation
Source: FEMA Hazard Mitigation AssistanceMitigation Projects
69
Federal Funding
$14,123,606
Properties Protected
234
Avg Benefit-Cost Ratio
1.74
BCR
Top Mitigation Project Types
| Project Type | Projects | Federal $ |
|---|---|---|
| 200.1: Acquisition of Private Real Property (Structures and Land) - Riverine | 10 | $5,225,869 |
| 205.8: Retrofitting Public Structures - Wind | 9 | $767,645 |
| 90.4: Mitigation Plan - Local Multihazard Mitigation Plan | 6 | $145,869 |
| 401.1: Water and Sanitary Sewer System Protective Measures | 6 | $757,154 |
| 601.1: Generators | 5 | $79,764 |
Federally funded projects to reduce future disaster risk. Only includes completed or obligated projects.
Socastee has a relatively high overall natural hazard risk rating according to FEMA's National Risk Index. The top hazard risks are hurricane, tornado, earthquake. The area has had 34 federal disaster declarations. The most common disaster type is hurricane (18 declarations). 12,522 flood insurance claims have been filed in the area. FEMA has obligated $71,443,379 in public assistance recovery funding. $10,639,667 has been distributed in individual assistance to disaster-affected residents. 69 hazard mitigation projects have been funded to reduce future risk.
Health
Community Health
Source: CDC PLACES
Obesity Rate
32.3%
3.8pp below the national average
Depression Rate
22.5%
1.0pp below the national average
Diabetes Rate
13.3%
1.4pp above the national average
Uninsured Rate
14.6%
4.0pp above the national average
Health Scorecard
Higher scores indicate better health outcomes relative to the national average (50 = average)
Health Outcomes
Age-adjusted prevalence rates. Green bars indicate rates below the national average; red indicates above.
High Cholesterol
40.5%
Arthritis
29.2%
Cancer (excl. skin)
9.4%
Teeth Lost (65+)
13.8%
Health Risk Behaviors
Prevention & Screening
Green bars indicate rates above the national average (more preventive care); red indicates below.
Mental Health & Wellbeing
Frequent Mental Distress
18.0%
14+ days in past month
Depression
22.5%
Loneliness
30.7%
Lack of Support
23.3%
Disability Prevalence
Any Disability
31.7%
Mobility
15.3%
Cognitive
15.5%
Hearing
7.6%
Vision
5.6%
Self-Care
4.2%
Independent Living
8.9%
Health-Related Social Needs
Prevalence of social risk factors affecting community health
Socastee has an obesity rate of 32.3%, which is 3.8pp below the national average. The depression rate is 22.5%, 1.0pp below the national average. About 14.6% of adults lack health insurance. 80.0% of residents had an annual checkup in the past year.
Nearby Hospitals
Source: CMS Hospital Compare
Nearest Hospitals
5
With Emergency Services
4
Avg CMS Rating
3.0 / 5
Nearest Hospital
8.5 mi
Tidelands Waccamaw Community H...
| Hospital | Distance | Type | Rating | ER |
|---|---|---|---|---|
| Tidelands Waccamaw Community Hospital | 8.5 mi | Acute Care Hospitals | 4/5 | Yes |
| Conway Medical Center | 12.6 mi | Acute Care Hospitals | 2/5 | Yes |
| Lighthouse Behavioral Health Hospital | 12.6 mi | Psychiatric | — | Yes |
| Grand Strand Regional Medical Center | 13.7 mi | Acute Care Hospitals | 2/5 | Yes |
| Mcleod Loris Hospital | 24.5 mi | Acute Care Hospitals | 4/5 | — |
Infrastructure
Commute Overview2023 ACS
Mean Commute
19 min
-17% vs national
Drive Alone
82.4%
+5% vs national
Work From Home
6.8%
-27% vs national
Carpool
8.4%
Walk
1.6%
How Socastee's Commute ComparesCensus ACS 2023
How People Get to WorkCensus ACS 2023
Commute Mode BreakdownCensus ACS 2023
The average commute in Socastee, SC is 19 minutes, which is 17.1% below the national average of 23 minutes. 82.4% of workers drive alone, compared to the national average of 78.7%. 6.8% work from home, which is below the SC state average of 7.3%. 8.4% of workers carpool. 1.6% walk to work.
Internet & Broadband Access
Source: Census ACSBroadband Access
90.0%
of households
Cable / Fiber / DSL
75.8%
of households
No Internet
7.8%
of households
Total Households
8,982
Internet Subscription Types
Device Ownership
Source: Census ACSHas Computer
93.6%
of households
Smartphone
87.4%
of households
Desktop / Laptop
78.1%
of households
Tablet
60.6%
of households
Percentage of households with each device type. Data from the U.S. Census Bureau ACS (2023 5-year estimates, tables B28001 & B28002).
Electricity Rates
Source: U.S. Energy Information Administration (2024)Residential Rate
14.2¢
per kWh
-25% vs 10,000 - 25,000 avg
Commercial Rate
10.6¢
per kWh
-31% vs 10,000 - 25,000 avg
Industrial Rate
6.8¢
per kWh
-42% vs 10,000 - 25,000 avg
Avg Monthly Bill
$150
residential
+2% vs 10,000 - 25,000 avg
17% below the national average of 17.1¢/kWh
Residential electricity in South Carolina averages 14.2¢ per kWh, compared to the national average of 17.1¢. The average monthly electric bill is $150. State-level averages from EIA Electric Sales & Revenue data (2024).
Socastee vs Similar Cities
Source: EIA (2024)Comparing electricity rates with randomly selected cities of similar population (10,000 - 25,000). Each city represents its state's average rate.
Residential Rate (¢/kWh)
Commercial Rate (¢/kWh)
Industrial Rate (¢/kWh)
Average Monthly Bill
90.0% of households in Socastee have broadband internet access. 75.8% have cable, fiber, or DSL service. 11.7% rely solely on cellular data without a wired connection. 7.8% of households have no internet access. 9.3% use only a smartphone without a desktop or laptop.
Politics & Government
County-level data: Election results are reported at the county level. Socastee is located in Horry County, SC. Results reflect all voters in the county, not just those in Socastee.
Election Overview
Source: Horry County (2024)2024 Winner
Republican
Dem Votes
62,325
30.3%
GOP Votes
141,719
68.8%
Total Votes
205,954
Margin
R+38.6%
Shift from 2020
R+5.4pp
vs prior election
Election History
Source: County-Level Election Results| Year | Dem Votes | GOP Votes | Total | Dem % | GOP % | Margin |
|---|---|---|---|---|---|---|
| 2024 | 62,325 | 141,719 | 205,954 | 30.3% | 68.8% | R+38.6 |
| 2020 | 59,180 | 118,821 | 179,744 | 32.9% | 66.1% | R+33.2 |
| 2016 | 36,731 | 83,819 | 124,503 | 29.5% | 67.3% | R+37.8 |
In the 2024 presidential election, Horry County recorded 205,954 total votes. Republicans won the county with 68.8% of the vote compared to 30.3% for Democrats, a margin of R+38.6%. Compared to 2020, the margin shifted R+5.4pp from the previous election.
SBA Lending Overview
Source: SBA FOIA Loan-Level DataTotal SBA Loans
2
Total Approved
$2.0M
Jobs Supported
N/A
Per 10K Residents
0.8
SBA loans
-99.0% vs peers avg
Unique Lenders
2
Top Lender
United Bank
1 loans
Top Industry
Retail Trade
Data Span
2001–2004
Loan Program Breakdown
Source: SBA FOIALoans
2
Total Amount
$2.0M
Avg Loan
$995,000
Median Loan
$995,000
SBA Guaranteed
$1.5M(75%)
Jobs Supported
N/A
Top Industries Funded
Source: SBA FOIA / NAICS CodesSBA Loans per 10K Residents vs Similar Cities
Source: SBA FOIA + Census ACSCompared to cities with population 10,000 - 25,000
Top SBA Borrowers
Source: SBA FOIA| Business | Loans | Amount |
|---|---|---|
| Graves Mckenzie Llc | 1 | $1.1M |
| Buzz's Lowcountry Eatery | 1 | $940K |
Socastee, SC has received 2 SBA loans totaling $2.0M in approved funding between 2001 and 2004. The 7(a) program accounts for 2 loans (100% of the total). The most common industry receiving SBA funding is Retail Trade. The most active SBA lender in Socastee is United Bank with 1 loans. That works out to 0.8 SBA loans per 10,000 residents.
ZIP Code Overview
Source: Census ACSZIP Codes
5
Total Population
194,265
Avg Median Income
$66,139
Avg Home Value
$286,060
ZIP Code Details
Source: Census ACS| ZIP Code | Population | Median Income | Home Value | Median Rent | Area (sq mi) |
|---|---|---|---|---|---|
| 29575 | 19,455 | $72,029 | $278,800 | $1,234 | 10.2 |
| 29576 | 32,975 | $70,343 | $315,700 | $1,467 | 30.5 |
| 29577 | 35,022 | $48,561 | $273,700 | $1,130 | 22.7 |
| 29579 | 53,699 | $72,909 | $320,400 | $1,466 | 53.0 |
| 29588 | 53,114 | $66,854 | $241,700 | $1,220 | 42.0 |
Socastee, SC has 5 ZIP codes with a combined population of 194,265. The average median household income across all ZIP codes is $66,139. The average median home value is $286,060. The average median monthly rent is $1,303.
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