Myrtle Beach is a small city in South Carolina with a population of just over 30,000. Retirees account for a greater percentage of the population (20%) here than nationally (14%), while young adults account for a smaller percentage of the city. With an average age of just under 42, the city's residents are older than most cities in South Carolina. Residents are fairly evenly split between owning (52%) and renting (48%) their home. At $889 a month, the average rent is roughly the same as the state average.
Many Myrtle Beach residents work in one of two industries: entertainment and retail. Combined, these industries account for 22% of the workforce in the city. Meanwhile, looking at job function, many residents work in sales, making it the top field in the city. With an average annual income of about $55K, Myrtle Beach workers earn about $7,000 less than their peers elsewhere in South Carolina. The city's average income also trails the national average ($73,345). Compared to the national average, Myrtle Beach has a relatively large percentage of residents older than 25 who possess a high school degree or equivalent (22%). In addition, 13% have a Bachelor's degree and 5% have earned a Master's or Doctoral degree.
Myrtle Beach's average commute time ranks as one of the best in South Carolina at about 19 minutes, 4th-fastest in the state. Many residents (41%) commute to work by car, while public transportation isn't extensively used. A small percentage of residents (2%) walk to work, though the number does exceed the national average.