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Berkeley County, SC

Goose Creek-Hanahan

RANK #813 / 996 NAT  ·  #20 / 24 SC  ·  POP 231,419

1YR FORECAST: -0.0%

5YR OUTLOOK: +15%

#30 Highest GDP Growth #49 Fastest Growing
Our model projects Berkeley County's housing market at -0.0% over the next year, underperforming most U.S. counties.

[01] Why Berkeley County?

Cypress Gardens, a 170-acre preserve in Moncks Corner, offers botanical gardens and an 80-acre blackwater swamp, famously featured in films like *The Notebook*. Berkeley County, located in South Carolina's Lowcountry, sits near Charleston, providing a blend of suburban living with access to urban amenities. Commuting options include major interstates like I-26 and I-95, and public transportation such as the TriCounty Link bus system, which also offers commuter routes. The county is characterized by its natural scenery, including Lake Marion and Lake Moultrie, and the Francis Marion National Forest, offering extensive opportunities for boating, fishing, hiking, and biking.

Life in Berkeley County attracts families and young professionals, with a community that values its small-town feel despite ongoing development. The Berkeley County School District serves the area with public schools. The economy is experiencing growth, driven by investments in commercial and residential sectors, as well as manufacturing and technology. This expansion includes new facilities and a focus on workforce development to support the evolving economic landscape.

[02] Market Snapshot

Housing Ratio
5.0x

Above national median (4.7x)

GDP Growth
+8.6%

Well above national median

Home Prices
-0.7%

Prices declining

Climate & Terrain
0.7

Moderate climate & terrain

Price/Rent
11x

Strong rental yield

Housing is fairly valued at 5.0x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Berkeley County School District Education
    5,000+
  2. 2
    Santee Cooper Energy
    1,000+
  3. 3
    Volvo Car USA LLC Manufacturing
  4. 4
    Nucor Corporation Manufacturing
    500+
  5. 5
    Berkeley County Government Government
  6. 6
    Roper St. Francis Healthcare Healthcare
  7. 7
    Walmart Associates Inc. Retail
  8. 8
    Google Technology
  9. 9
    Publix Super Market Inc. Retail
    250+
  10. 10
    Blackbaud Inc. Technology

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

[04] Home Value Growth vs National

Berkeley County U.S. National

The Numbers

DEMOGRAPHICS
Population
231,419
+2.94% YoY
Median Household Income
$77,874
Median Home Value
$253,100
-0.65% 12mo
Median Rent
$1,410
Average Annual Pay
$68,211
+5.1% YoY
Employment
66,943
+4.6% YoY
Income-to-Home-Value
0.3077
More affordable than average
Migration Inflow
4.46%
of pop. from another state
Bachelor's Degree+
28.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$392,400
Days on Market
83
Slower market
Months of Supply
4.3
Balanced market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
21.8%
Listings w/ Price Drops
20.6%
Building Permits (2024)
3,169
Single-Family Permits
2,573

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

[05] Crime & Safety

D
SAFETY
GRADE
Homicide Rate
8.6
per 100K · nat avg 6.3
Firearm Fatalities
19.2
per 100K · nat avg 14.8
Injury Deaths
89.5
per 100K · nat avg 76.3
vs National Average
Above 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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
35.3
Good
Good Air Days
96%
731 of 765 days
Unhealthy+ Days (3yr)
2
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
34
2022
36
2023
36
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$6,390M
TOTAL
PROJECT AMOUNT STATUS
Redwood Materials Battery Recycling Plant
Redwood Materials
$3,500M Under Construction
Google Data Center Expansion
Google
$1,300M Under Construction
Pinopolis Reliability Project (Battery Energy Storage System)
Aypa Power (for Santee Cooper)
$1,200M Planned
Sandy Run Solar Project
RWE Renewables
$225M Planned
Residential Developments (Multiple Projects)
Various
$100M Under Construction
Bushy Park Combustion Turbine Facility
Dominion Energy South Carolina, Inc.
$65M Operating

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

[08] Score Breakdown

GDP Growth +8.6% 97 percentile
Population Growth +2.9% 95 percentile
Income Growth +10.0% 80 percentile
Vacancy Rate 1.4% 29 percentile
Home Price Change -0.7% 24 percentile
Rent Growth +1.7% 29 percentile
Price/Rent 11x 80 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

The data is not encouraging — Berkeley County scores just 18/100 on the Boom Town Index, ranking #813 of 996 counties. Job growth at +4.6% and median household income of $77,874 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Berkeley County affordable?

Housing in Berkeley County is roughly in line with national affordability norms. The median home costs $253,100 and the income-to-home-value ratio sits at 0.31, with rents averaging $1,410/month. Not a bargain, but not a stretch for most local earners either.

Is Berkeley County growing or shrinking?

Berkeley County is growing on multiple fronts. Population is up +2.9% year-over-year while employers added jobs at a +4.6% clip. Home values shifted -0.7% in the past year.

Are people moving to Berkeley County?

There's a moderate stream of newcomers. About 4.46% of residents moved from another state, which is above average and suggests Berkeley County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Beaufort County, SC 14 Horry County, SC 23 York County, SC 13 Charleston County, SC 24 Lancaster County, SC 11 Greenville County, SC 11 Ellis County, TX 18 Citrus County, FL 18