HomeSouth CarolinaCharleston CountyFolly Beach city
Folly Beach city, South Carolina: commercial real estate data.
Folly Beach city is a Census city of 1,267 people across 12.51 square miles of land, in Charleston County. Median household income is $102,279, 94.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $50,000.
76 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Folly Beach
What Folly Beach is
- Census place typecity
- Land area12.51 sq mi
- Water area6.36 sq mi
- Population per square mile of land101 plus or minus 26
- County holding the largest share of its areaCharleston County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Folly Beach
How many people live in Folly Beach
- Population1,267 plus or minus 331
- Median age62.0
- Population under 18116 plus or minus 69
- Share under 189.2 percent plus or minus 4.9
- Population 65 and over491 plus or minus 147
- Share 65 and over38.8 percent
- Households619 plus or minus 138
- Family households437 plus or minus 127
- Share of households that are families70.6 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Folly Beach
Income and work in Folly Beach
- Median household income$102,279 plus or minus $64,730
- Per capita income$82,963
- Civilian labor force711 plus or minus 210
- Employed696 plus or minus 206
- Unemployed15 plus or minus 24
- Unemployment rate2.1 percent plus or minus 3.3
- Adults 25 and over1,134 plus or minus 275
- Adults 25 and over with a high school diploma or higher97.4 percent plus or minus 31.0
- Adults 25 and over with a bachelor degree or higher65.3 percent
- Adults 25 and over with a graduate degree27.7 percent plus or minus 8.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Folly Beach
Housing in Folly Beach
- Housing units2,221
- Occupied units619 plus or minus 138
- Vacant units1,602
- Vacancy rate72.1 percent
- Owner occupied586 plus or minus 138
- Renter occupied33 plus or minus 31
- Ownership rate94.7 percent
- Median owner-occupied home value$1,000,000
- Median gross rent, monthly$1,844 plus or minus $890
- Annual rent as a share of median income21.6 percent plus or minus 17.2
- Single family units1,564
- Share single family70.4 percent
- Units in buildings of two or more657 plus or minus 197
- Share in buildings of two or more29.6 percent plus or minus 8.3
- Mobile homes0
- Median year structure built1990
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Folly Beach
How Folly Beach gets to work
- Workers 16 and over who commute445 plus or minus 169
- Commuting under 15 minutes80 plus or minus 50
- Share commuting under 15 minutes18.0 percent plus or minus 8.9
- Commuting 30 minutes or more162 plus or minus 92
- Share commuting 30 minutes or more36.4 percent plus or minus 15.2
- Drove alone51.4 percent plus or minus 16.9
- Carpooled2.0 percent plus or minus 2.5
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home33.0 percent plus or minus 13.5
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Folly Beach
SBA loans in Folly Beach (7(a))
- Approvals1
- Gross approval$50,000
- Average approval$50,000
- Median approval$50,000
- Ninetieth percentile approval$50,000
- Largest approval$50,000
- Jobs supported17
- Jobs per approval17.0
- Loans with a final outcome1
- Paid in full1
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 1 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Folly Beach
SBA loans in Folly Beach (504)
- Approvals3
- Gross approval$1,257,000
- Average approval$419,000
- Median approval$478,000
- Largest approval$613,000
- Jobs supported39
- Loans with a final outcome1
- Charged off0
- Median term240 months
- Distinct CDCs3
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Charleston County, not Folly Beach
Charleston County context, not Folly Beach figures
These are Charleston County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Folly Beach measurements.
- Establishments in Charleston County15,801
- Employment at those establishments, Charleston County226,330
- Covered employment, Charleston County278,476
- Average annual pay, Charleston County$68,271
- Average weekly wage, Charleston County$1,313
- Housing units permitted, Charleston County4,153
- Of those, single family, Charleston County3,052
- County product, 2024, Charleston County$50,461,876,000
- County product change over the prior year, Charleston County7.9 percent
- Average income of an arriving household, Charleston County$117,050
Every figure in this section is published for Charleston County as a whole and is not a measurement of Folly Beach. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Folly Beach questions, answered from the record.
How many people live in Folly Beach, South Carolina?
1,267, in 619 households. Folly Beach city covers 12.51 square miles of land, which is 101 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Folly Beach in?
Charleston County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Folly Beach?
$102,279. The median owner-occupied home is valued at $1,000,000. Median gross rent is $1,844 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Folly Beach businesses?
1 7(a) approvals totalling $50,000, across 1 lenders, median approval $50,000, plus 3 504 approvals worth $1.3 m. These count approvals to borrowers whose address is in Folly Beach, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Folly Beach borrowers get paid back?
No rate is published for Folly Beach. only 1 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Folly Beach figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Charleston County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Folly Beach.
Is zoning published for Folly Beach?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.