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Beaufort County, SC

Bluffton

RANK #850 / 996 NAT  ·  #21 / 24 SC  ·  POP 189,071

1YR FORECAST: +0.3%

5YR OUTLOOK: +14%

Our model projects Beaufort County's housing market at +0.3% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Department of Defense (Military Bases) Military
    10,000+
  2. 2
    Beaufort County School District Education
    1,000+
  3. 3
    Beaufort Memorial Hospital Healthcare
  4. 4
    County of Beaufort Government
  5. 5
    Hilton Head Hospital Healthcare
  6. 6
    University of South Carolina Beaufort (USCB) Education
    500+
  7. 7
    Walmart Associates Inc. Retail
  8. 8
    Publix Super Markets Inc. Retail
  9. 9
    Marriott Resorts Hospitality Corp. Hospitality
  10. 10
    Technical College of the Lowcountry (TCL) Education
    250+

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
43.4%
of residents (national avg: 33%)

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] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
6.6
per 100K · nat avg 6.3
Firearm Fatalities
14.1
per 100K · nat avg 14.8
Injury Deaths
77.6
per 100K · nat avg 76.3
vs National Average
Near national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] 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.

[07] 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.

[08] Frequently Asked Questions

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

The data is not encouraging — Beaufort County scores just 14/100 on the Boom Town Index, ranking #850 of 996 counties. Job growth at +0.3% and median household income of $81,260 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Beaufort County affordable?

Beaufort County leans toward the expensive side. A median home value of $377,900 against an income-to-home-value ratio of 0.21 means housing eats a bigger share of local earnings than the national norm. Renters face $1,435/month on average.

Is Beaufort County growing or shrinking?

Beaufort County's population is growing — up +1.6% YoY — while the job market is roughly flat (employment change of +0.3%). Home values shifted +0.5% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are many people relocating to Beaufort County?

Not particularly — 1.25% of Beaufort County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[09] Similar Counties by Size & Score

York County, SC 13 Lancaster County, SC 11 Greenville County, SC 11 Berkeley County, SC 18 Horry County, SC 23 Charleston County, SC 24 Deschutes County, OR 14 Beaver County, PA 14