ZIP Code 29588 -- Myrtle Beach, SC

HORRY | 2024 American Community Survey Data

Quick Overview

Population
52,609
Unknown
Median Income
$70,739
Home Value
$267,700
Median Rent
$1,282
Median Age
45.70
Diversity Index
48.30
Moderate
Cost of Living
100.1
about average
Unemployment
3.7%

About ZIP Code 29588

ZIP code 29588 in Myrtle Beach, South Carolina is a unknown area with a population of 52,609. The median household income is $70,739, which is This is 6% below the national median of $75,000.. The median home value is $267,700, representing a price-to-income ratio of 3.8x . The cost of living is about average with an index of 100.1 (the national average is 100). Residents have a median age of 45.70 years. Approximately 26.2% of adults hold a bachelor's degree or higher. This ZIP code is located in HORRY, SC.

Population & Age

Total Population
52,609
Median Age
45.70
Male Population
25,975
49.4%
Female Population
26,634
50.6%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
48.30 Moderate
White
78.5%
Black or African American
5.4%
Hispanic or Latino
11.6%
Asian
1.2%
Native American
0.7%
Pacific Islander
0.0%
Two or More Races
9.9%
Other Race
4.4%

Racial Composition

Income & Economy

Median Household Income
$70,739
Mean Household Income
$93,841
Per Capita Income
$38,551
Below Poverty Line
9.1%

This is 6% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$267,700
Median Rent
$1,282
Total Housing Units
22,626
Occupied Units
20,524
Vacant Units
2,102
9.3% vacancy
Median Year Built
2003
Owner Occupied
77.8%
Renter Occupied
22.2%
Price-to-Income Ratio 3.8x

Moderately affordable

Ownership vs Rental

Owner 77.8% Renter 22.2%

Education

High School Diploma or Higher 92.9%
Bachelor's Degree or Higher 26.2%
Graduate or Professional Degree 8.8%

Employment & Commuting

Civilian Labor Force
25,303
Employment Rate
96.3%
Unemployment Rate
3.7%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
80.1%
Carpool
7.6%
Public Transit
0.0%
Work from Home
10.7%

Cost of Living Index

100.1
about average

The cost of living in ZIP code 29588 is 0.1% above the national average of 100.

0 National Avg (100) 200

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Frequently Asked Questions about ZIP Code 29588

ZIP code 29588 (Myrtle Beach, SC) has a total population of 52,609 according to the 2024 American Community Survey. The median age is 45.70 years.

The median household income in ZIP code 29588 is $70,739 per year, based on 2024 Census Bureau data. This is 6% below the national median of $75,000.

ZIP code 29588 is primarily located in Myrtle Beach, South Carolina (SC). It falls within HORRY County.

The median home value in ZIP code 29588 is $267,700, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,282.

The median age in ZIP code 29588 is 45.70 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 29588 has a cost of living index of 100.10 (national average = 100). This means the cost of living is about average compared to the national average.

In ZIP code 29588, 26.24% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 8.78% hold a graduate or professional degree.

The unemployment rate in ZIP code 29588 is 3.74%, which is above the national average of 3.6%. About 10.73% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.