This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Myrtle Beach page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 37,214, so Myrtle Beach should be compared with similar-size places before using broader South Carolina averages. Median household income is $53,679, so the best affordability read for Myrtle Beach is income versus housing, taxes, utilities, and insurance together.
Median home value is $347,700, so ownership costs in Myrtle Beach should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $1,132/mo, so renters can compare Myrtle Beach against ownership costs and nearby rental markets.
Housing and Income Context
For Myrtle Beach, income is more constrained, so utilities, rent, and taxes deserve extra attention. Home values sit in a moderate range where taxes and utilities still change the monthly math.
Use the home value, rent, and income fields together before deciding whether Myrtle Beach looks more favorable for renting, buying, or comparing with Surfside Beach, SC.
Utility Cost Context
The residential electricity benchmark is $0.164/kWh, so Myrtle Beach households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Myrtle Beach is a South Carolina state-level EIA benchmark, so it should not be read as a local provider tariff.
For Myrtle Beach, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $1,136, so Myrtle Beach buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Myrtle Beach address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Myrtle Beach depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Myrtle Beach, especially when comparing with Surfside Beach, SC.
Population and Demographics
Median age is 47.0, so Myrtle Beach may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 34.1%, so Myrtle Beach education context can be useful when reading labor-market and school sections.
Unemployment is 4.8%, so Myrtle Beach wage and job-market context should be compared with commute options and regional employment centers.