Myrtle Beach — Financial Data

37,214 Population FY 2023

Beta: source-backed tax context only. This is not a personalized tax-burden estimate.

Current source-backed tax context for South Carolina and Myrtle Beach.

Component	Summary	Effective	Coverage	Sources
SC state individual income tax	South Carolina individual income tax remains graduated, with a top rate of 6% for tax year 2025.	Tax year 2025 SCDOR guidance.	Rate missing	South Carolina individual income tax; South Carolina 2025 tax tables (SC1040TT)
SC sales and use tax (state base)	South Carolina statewide sales and use tax rate is 6%; counties may impose an additional 1% local sales tax when approved.	Current SCDOR sales/use guidance and index (as accessed April 19, 2026).	Rate missing	South Carolina sales tax; South Carolina sales and use tax index
SC property tax policy (local administration)	South Carolina property tax is administered and collected by local governments with assistance from SCDOR.	Current SCDOR property-tax guidance (as accessed April 19, 2026).	Needs review	South Carolina property tax

Community Profile

Census Bureau ACS 5-year estimates

16.9% Poverty Rate 2023

34.1% Bachelor's+ Rate 2023

4.3% Unemployment Rate 2023

61.3% Homeownership Rate 2023

Median Household Income

$53,679 (2023)

2010 2023

Per Capita Income

$42,225 (2023)

2010 2023

Median Home Value

$347,700 (2023)

2010 2023

Median Gross Rent

$1,132 (2023)

2010 2023

Median Age

47.0 (2023)

2010 2023

Gini Index

0 = perfect equality · 1 = perfect inequality

0.5 (2023)

2010 2023

Financial Documents (13)

Year	Title	Type
2023	Myrtle Beach Census ACS 5-Year Estimates 2023	US_CENSUS_ACS5
2022	Myrtle Beach Census ACS 5-Year Estimates 2022	US_CENSUS_ACS5
2021	Myrtle Beach Census ACS 5-Year Estimates 2021	US_CENSUS_ACS5
2019	Myrtle Beach Census ACS 5-Year Estimates 2019	US_CENSUS_ACS5
2018	Myrtle Beach Census ACS 5-Year Estimates 2018	US_CENSUS_ACS5

Governance & Structure

Governance Structure

School Details

Not applicable for this entity type.