HomeSouth CarolinaHorry CountyMyrtle Beach city
Myrtle Beach city, South Carolina: commercial real estate data.
Myrtle Beach city is a Census city of 38,371 people across 23.41 square miles of land, in Horry County. Median household income is $60,394, 60.5 percent of occupied homes are owned, and the SBA record carries 177 7(a) approvals to borrowers here worth $110.2 m.
77 sourced place values · tier FULL · 8 sections
Myrtle Beach
What Myrtle Beach is
- Census place typecity
- Land area23.41 sq mi
- Water area0.27 sq mi
- Population per square mile of land1,639
- County holding the largest share of its areaHorry 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.
Myrtle Beach
How many people live in Myrtle Beach
- Population38,371
- Median age47.3
- Population under 186,211
- Share under 1816.2 percent
- Population 65 and over9,079
- Share 65 and over23.7 percent
- Households17,623
- Family households10,223
- Share of households that are families58.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Myrtle Beach
Income and work in Myrtle Beach
- Median household income$60,394
- Per capita income$42,969
- Civilian labor force19,308
- Employed18,264
- Unemployed1,044 plus or minus 278
- Unemployment rate5.4 percent plus or minus 1.4
- Adults 25 and over29,676
- Adults 25 and over with a high school diploma or higher92.4 percent
- Adults 25 and over with a bachelor degree or higher33.5 percent
- Adults 25 and over with a graduate degree12.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Myrtle Beach
Housing in Myrtle Beach
- Housing units24,419
- Occupied units17,623
- Vacant units6,796
- Vacancy rate27.8 percent
- Owner occupied10,663
- Renter occupied6,960
- Ownership rate60.5 percent
- Median owner-occupied home value$388,800
- Median gross rent, monthly$1,261
- Annual rent as a share of median income25.1 percent
- Single family units11,359
- Share single family46.5 percent
- Units in buildings of two or more11,759
- Share in buildings of two or more48.2 percent
- Mobile homes1,301 plus or minus 398
- Median year structure built1994
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Myrtle Beach
How Myrtle Beach gets to work
- Workers 16 and over who commute15,400
- Commuting under 15 minutes7,048
- Share commuting under 15 minutes45.8 percent
- Commuting 30 minutes or more2,418
- Share commuting 30 minutes or more15.7 percent
- Drove alone70.0 percent
- Carpooled7.7 percent plus or minus 2.0
- Public transport1.3 percent plus or minus 1.0
- Walked2.0 percent plus or minus 1.0
- Worked from home14.3 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Myrtle Beach
SBA 7(a) lending to Myrtle Beach borrowers
- Approvals177
- Gross approval$110,249,100
- Average approval$622,876
- Median approval$280,000
- Ninetieth percentile approval$1,539,000
- Largest approval$5,000,000
- Jobs supported2,335
- Jobs per approval13.2
- Loans with a final outcome33
- Paid in full30
- Charged off3
- Charge-off rate over resolved loans9.1 percent
- Median term120 months
- Share on real estate terms of 20 years or more16.9 percent
- Share to franchises22.0 percent
- Distinct lenders55
- Distinct industries by NAICS89
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Myrtle Beach
SBA 504 lending to Myrtle Beach borrowers
- Approvals22
- Gross approval$28,751,000
- Average approval$1,306,864
- Median approval$1,044,000
- Largest approval$3,396,000
- Jobs supported271
- Loans with a final outcome5
- Charged off0
- Median term300 months
- Distinct CDCs4
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Horry County, not Myrtle Beach
Horry County context, not Myrtle Beach figures
These are Horry County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Myrtle Beach measurements.
- Establishments in Horry County10,550
- Employment at those establishments, Horry County123,792
- Covered employment, Horry County144,489
- Average annual pay, Horry County$48,046
- Average weekly wage, Horry County$924
- Housing units permitted, Horry County7,331
- Of those, single family, Horry County7,269
- County product, 2024, Horry County$22,774,481,000
- County product change over the prior year, Horry County7.3 percent
- Average income of an arriving household, Horry County$86,199
Every figure in this section is published for Horry County as a whole and is not a measurement of Myrtle 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
Myrtle Beach questions, answered from the record.
How many people live in Myrtle Beach, South Carolina?
38,371, in 17,623 households. Myrtle Beach city covers 23.41 square miles of land, which is 1,639 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Myrtle Beach in?
Horry 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 Myrtle Beach?
$60,394. The median owner-occupied home is valued at $388,800. Median gross rent is $1,261 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Myrtle Beach businesses?
177 7(a) approvals totalling $110.2 m, across 55 lenders, median approval $280,000, plus 22 504 approvals worth $28.8 m. These count approvals to borrowers whose address is in Myrtle Beach, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Myrtle Beach borrowers get paid back?
Of the 33 loans that have reached a final outcome, 30 were paid in full and 3 charged off, a charge off rate of 9.1 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Myrtle Beach figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Horry 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 Myrtle Beach.
Is zoning published for Myrtle Beach?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.