HomeSouth CarolinaGeorgetown County
Georgetown County, South Carolina: commercial real estate data.
Georgetown County, South Carolina had an estimated 66,035 residents on July 1, 2024, up 4.1 percent since the 2020 census base of 63,406, across 814 square miles. County output reached $4.02 bn in 2024, 2,038 establishments operate here, and the SBA record carries 41 7(a) approvals worth $21.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Georgetown County
How many people live in Georgetown County
- Population, American Community Survey 2020-202464,811
- Households27,129
- Average household size2.39
- Median household income$68,713
- Median age52.2
- Median gross rent$1,204 per month
- Median owner-occupied home value$289,500
- Home value to household income4.2 times
- Annual rent as a share of median income21.0 percent
- Adults 25 and over with a bachelor degree or higher32.8 percent
- Adults 25 and over with a graduate degree11.6 percent
- Adults 25 and over49,072
- Population under 1810,994
- Share under 1817.0 percent
- Population 65 and over19,903
- Share 65 and over30.7 percent
- Working age population, 18 to 6433,914
- Civilian labor force27,913
- Unemployment rate4.4 percent
- Labor force participation, adults 18 and over51.9 percent
- Rank by population among South Carolina counties22nd of 46
- Rank by population among US county-equivalents, Puerto Rico included852nd of 3,222
Georgetown County is the 22nd largest of 46 South Carolina counties by population. A median home costs 4.2 times median household income, which is seriously unaffordable by national standards. Residents 65 and over outnumber those under 18, at 30.7 percent against 17.0 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Georgetown County
Is Georgetown County's population growing?
- Population, July 1, 202466,035
- Census 2020 base population63,406
- Population change since the 2020 census base4.15 percent
- Population change, 2023 to 2024223
- Births, 2024473
- Deaths, 20241,065
- Natural change, 2024-592
- Net domestic migration, 2024695
- Net international migration, 2024119
- Total net migration, 2024814
- Cumulative net domestic migration, 2021 to 20244,465
- Rank by growth among US county-equivalents663rd of 3,144
The county has grown 4.15 percent since the 2020 census base. Deaths exceeded births in 2024 and the population still grew, so all of the growth came from people moving in. A market held up by migration is more sensitive to a change in relative cost than one growing from household formation.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Georgetown County
Where are people moving to Georgetown County from?
- Tax returns filed by households arriving2,394
- People arriving, from those returns4,319
- Tax returns filed by households leaving1,784
- Net household movement610
- Adjusted gross income arriving$259.9 m
- Net adjusted gross income movement$126.0 m
- Average income of an arriving household$108,554
- Average income of a leaving household$75,040
- Largest single originHorry County (472 households)
- Largest single destinationHorry County (505 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Horry County | 472 | 815 | $34.4 m |
| Williamsburg County | 93 | 206 | $3.5 m |
| Charleston County | 89 | 147 | $10.0 m |
| Mecklenburg County | 55 | 97 | $6.8 m |
| Florence County | 51 | 96 | $7.0 m |
| Richland County | 39 | 77 | $2.4 m |
| Berkeley County | 38 | 70 | $2.3 m |
| Greenville County | 30 | 52 | $2.7 m |
Households arriving report $33,514 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Horry County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Georgetown County
What is the Georgetown County economy?
- County GDP, 2024$4.02 bn
- County GDP, 2023$3.73 bn
- GDP change, 2023 to 20247.7 percent
- GDP change over five years46.1 percent
- Rank by GDP among the South Carolina areas BEA publishes19th of 46
- Rank by GDP among the US county areas BEA publishes804th of 3,127
- GDP per resident$61,964
Output grew 7.7 percent in the latest year and 46.1 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Georgetown County
Employment by industry in Georgetown County
- Covered employment, annual average26,006
- Establishments reporting2,442
- Average annual pay$50,335
- Average weekly wage$968
- Accommodation and food services, employment4,344
- Accommodation and food services, average annual pay$25,720
- Retail trade, employment3,047
- Retail trade, average annual pay$33,893
- Health care and social assistance, employment3,041
- Health care and social assistance, average annual pay$55,451
- Manufacturing, employment2,447
- Manufacturing, average annual pay$82,769
- Arts, entertainment and recreation, employment1,385
- Construction, employment1,349
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Accommodation and food services | 4,344 | 204 | $25,720 |
| Retail trade | 3,047 | 322 | $33,893 |
| Health care and social assistance | 3,041 | 291 | $55,451 |
| Manufacturing | 2,447 | 89 | $82,769 |
| Arts, entertainment and recreation | 1,385 | 56 | $26,181 |
| Construction | 1,349 | 232 | $61,512 |
| Administrative and support and waste management services | 1,284 | 134 | $43,423 |
| Finance and insurance | 1,273 | 143 | $73,847 |
Accommodation and food services is the largest private sector at 4,344 jobs, 16.7 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Georgetown County
How many businesses are in Georgetown County?
- Establishments, all industries2,038
- Employment at those establishments22,113
- Annual payroll$1.06 bn
- Establishments per 1,000 residents31.4
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Georgetown County
Building permits in Georgetown County
- Housing units authorized by permit, 2024327
- Declared construction value permitted$195.1 m
- Single family units authorized327
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$596,712
- Units authorized per 1,000 households12.1
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Georgetown County
SBA loans in Georgetown County (7(a) and 504)
- 7(a) approvals recorded41
- 7(a) gross approval dollars$21.2 m
- Average 7(a) approval$516,488
- Median 7(a) approval$188,200
- 10th percentile approval$20,000
- 90th percentile approval$1,560,000
- Largest single approval$2,502,000
- Jobs reported supported, 7(a)314
- Jobs per approval7.7
- Distinct 7(a) lenders active20
- Distinct industries receiving approvals32
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer17.1 percent
- Loans on real estate terms7
- Loans on working capital terms, 120 months or shorter32
- Franchise loans5
- Franchise share of approvals12.2 percent
- Most active lenderTD Bank, National Association (9)
- 504 approvals recorded7
- 504 gross approval dollars$11.1 m
- Average 504 approval$1,589,143
- Median 504 approval$1,351,000
- Distinct CDCs active4
- 504 jobs per approval37.1
- 504 jobs per million dollars approved23.4
- Most active CDCProvident Business Financial Services, Inc. (3)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$32.3 m
The average approval of $516,488 sits well above the median of $188,200, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 17.1 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Georgetown County
SBA loan default and charge-off rates in Georgetown County
Do SBA loans in Georgetown County get paid back?
- Loans with a final outcome recorded7
- Paid in full6
- Charged off1
- Status: Paid in full6
- Status: Exempt from disclosure28
- Status: Cancelled6
- Status: Charged off1
Only 7 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Georgetown County
SBA lending by place in Georgetown County
- Borrower cities with recorded lending4
- Georgetown, approvals15
- Pawleys Island, approvals11
- Murrells Inlet, approvals9
- Andrews, approvals6
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Georgetown | 15 | $7,803,300 |
| Pawleys Island | 11 | $6,647,000 |
| Murrells Inlet | 9 | $3,306,700 |
| Andrews | 6 | $3,419,000 |
Georgetown accounts for 15 approvals against 11 in Pawleys Island. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Georgetown County
How large is Georgetown County?
- Land area814 sq mi
- Rank by land area among South Carolina counties8th of 46
- Width, east to west38.9 mi
- Height, north to south46.3 mi
- Geographies sharing a boundary5
- Residents per square mile of land80
- Establishments per square mile2.50
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Georgetown County
Flood risk in Georgetown County
- Participation of the county's own NFIP community Georgetown County, unincorporated areasParticipating, community 450085
- Community Rating System class of the county's own communityClass 7
- Communities in the county in the NFIP Community Status Book4
- Of those, participating in the NFIP4
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class3
- Radon levels in Georgetown County, EPA zone predicted average indoor radon screening level less than 2 pCi/LZone 3
The county's own community in the status book, unincorporated Georgetown County (community 450085), participates in the National Flood Insurance Program and carries Community Rating System class 7, a flood insurance premium discount for policies written there. The EPA places Georgetown County in radon zone 3, a predicted average indoor radon screening level less than 2 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Georgetown County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Georgetown County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202464,811
- Households27,129
- Average household size2.39
- Median household income$68,713
- Median age52.2
Common questions
Georgetown County questions, answered from the record.
How many people live in Georgetown County, South Carolina?
The Census Bureau estimates 66,035 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 64,811, in 27,129 households, ranking 22nd of 46 South Carolina counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Georgetown County's population growing?
The population has grown 4.15 percent since the 2020 census base of 63,406, to 66,035 on July 1, 2024. In 2024 there were 473 births against 1,065 deaths, with net migration of 814. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Georgetown County?
$68,713. The median owner-occupied home is valued at $289,500, which is 4.2 times income, and median gross rent is $1,204 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Georgetown County?
2,038 establishments, employing 22,113 people with an annual payroll of $1.06 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Georgetown County?
Accommodation and food services is the largest private sector at 4,344 jobs, 16.7 percent of covered employment. Covered employment averages 26,006 jobs at an average annual pay of $50,335, or $968 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Georgetown County?
41 7(a) approvals totaling $21.2 m since FY2020, across 20 lenders, with a median approval of $188,200, plus 7 504 approvals worth $11.1 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Georgetown County?
327 housing units were authorized by permit in 2024, with a declared construction value of $195.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Georgetown County?
Zone 3, a predicted average indoor radon screening level less than 2 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Georgetown County come from?
The largest single origin is Horry County, with 472 households. Arriving households report an average income of $108,554 against $75,040 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Georgetown County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Georgetown County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Georgetown County
Cities and places in Georgetown.
7 Census places lie wholly or partly in Georgetown County. All 7 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Murrells Inlet | CDP | 10,044 | 9 | Wholly in this county |
| Litchfield Beach | CDP | 9,044 | None recorded | Wholly in this county |
| Georgetown | city | 8,565 | 15 | Wholly in this county |
| Andrews | town | 3,485 | 6 | 94.2 percent here, 5.8 percent Williamsburg County |
| DeBordieu Colony | CDP | 627 | None recorded | Wholly in this county |
| Dunbar | CDP | 577 | None recorded | Wholly in this county |
| Pawleys Island | town | 170 | 11 | Wholly in this county |