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Beaufort County, SC

RANK #687 / 996  ·  POP 189,071  ·  SC

PROJECTED GROWTH: +0.1%

Beaufort County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Beaufort County?

Beaufort County, South Carolina, is distinguished by its historic town of Beaufort, the second oldest city in the state, known for its preserved antebellum architecture and oak-lined streets. Situated on Port Royal Island, the county is surrounded by tidal rivers, creeks, and salt marshes, offering extensive natural beauty. It lies midway between Savannah, Georgia, and Charleston, South Carolina. Commute options include local public transit, the Palmetto Breeze, which offers fixed routes and on-demand services, primarily within Beaufort County. The area provides abundant outdoor recreation, including beaches at Hunting Island State Park, kayaking, fishing, and numerous parks with trails.

Life in Beaufort County attracts both young professionals and retirees, many of whom own their homes. The public school system is highly rated, with various elementary, middle, and high schools across the county. The economy is significantly driven by tourism and the strong military presence, including the Marine Corps Recruit Depot Parris Island. Recent economic developments focus on diversifying business sectors and attracting new companies, with efforts to expand commercial and residential spaces, and foster growth in areas like cybersecurity.

[02] Market Snapshot

Housing Ratio
7.2x

Overvalued relative to economy

GDP Growth
+2.9%

Above national median

Home Prices
+0.5%

Well below national median

Climate & Terrain
1.7

Moderate climate & terrain

Price/Rent
15x

Above national median (13x)

Housing looks overvalued at 7.2x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Beaufort County U.S. National

The Numbers

DEMOGRAPHICS
Population
189,071
+1.65% YoY
Median Household Income
$81,260
Median Home Value
$377,900
+0.52% 12mo
Median Rent
$1,435
Average Annual Pay
$54,768
+6.8% YoY
Employment
71,044
+0.3% YoY
Income-to-Home-Value
0.215
Near national average
Migration Inflow
1.25%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$532,450
Days on Market
80
Slower market
Months of Supply
5.7
Buyer's market
Sale-to-List Ratio
96.3%
Negotiation room for buyers
Sold Above List
10.0%
Listings w/ Price Drops
23.4%
Building Permits (2024)
1,638
Single-Family Permits
1,030

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,024M
TOTAL
PROJECT AMOUNT STATUS
Residential Development (3,100 units along Robert Smalls Parkway/Battery Creek)
Various Developers (e.g., Tri Pointe Homes)
$930M Planned/Under Construction
Community Solar Portfolio (Seabrook, Yemassee, Trask East)
Dominion Energy Inc., Southern Current
$94M Operating

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +2.9% 53 percentile
Population Growth +1.6% 85 percentile
Income Growth +9.5% 73 percentile
Vacancy Rate 2.5% 4 percentile
Home Price Change +0.5% 38 percentile
Rent Growth +1.1% 21 percentile
Price/Rent 15x 30 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Beaufort County, SC a good place to move to?

Beaufort County has a Boom Town Index score of 31/100, ranking #687 among 996 U.S. counties. With job growth at +0.3% and a median household income of $81,260, it faces some economic headwinds compared to faster-growing counties.

Is Beaufort County affordable?

The median home value in Beaufort County is $377,900 with median rent at $1,435/month. The income-to-home-value ratio is 0.215, which is less affordable than the national average.

Is Beaufort County growing or shrinking?

Population growth: +1.6% year-over-year. Job growth: +0.3%. Home values changed +0.5% in the past 12 months.

[08] Similar Metros

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