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Horry County, SC

Myrtle Beach

RANK #759 / 996 NAT  ·  #19 / 24 SC  ·  POP 356,578

1YR FORECAST: -0.3%

5YR OUTLOOK: +17%

#26 Fastest Growing
Our model projects Horry County's housing market at -0.3% over the next year, underperforming most U.S. counties.

[01] Why Horry County?

Horry County, South Carolina, known for its "Grand Strand" coastline, is home to Myrtle Beach, a major tourist destination. Located in the northeastern corner of the state, about 90 miles north of Charleston, the county offers a mix of bustling coastal areas and more rural inland communities like Conway, the county seat. Commuting within the county primarily relies on personal vehicles, though Coast RTA provides bus services across Horry and Georgetown counties. The Waccamaw River, along with various parks such as Vereen Memorial Gardens and the Horry County Bike & Run Park, provides opportunities for outdoor recreation amidst diverse landscapes of beaches, forests, and swamps.

Life in Horry County attracts a mix of young professionals and retirees, drawn by a cost of living that is lower than the national average. The public school system, Horry County Schools, is one of the largest in South Carolina and is highly rated. The economy, historically driven by tourism and agriculture, is diversifying with growth in sectors like manufacturing, healthcare, and technology. Recent developments include investments in data centers and industrial parks, aiming to create higher-paying jobs and expand the economic base beyond its traditional strengths.

[02] Market Snapshot

Housing Ratio
4.8x

Above national median (4.7x)

GDP Growth
+4.3%

Well above national median

Home Prices
-2.5%

Prices declining

Climate & Terrain
0.9

Moderate climate & terrain

Price/Rent
12x

Strong rental yield

Housing is fairly valued at 4.8x relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Horry County School District Education
    5,000+
  2. 2
    Walmart Retail
    2,500+
  3. 3
    Horry County Government Government
    1,000+
  4. 4
    Coastal Carolina University Education
  5. 5
    Conway Medical Center Healthcare
  6. 6
    Grand Strand Regional Medical Center Healthcare
  7. 7
    Food Lion Retail
  8. 8
    McLeod Loris Seacoast Hospital Healthcare
    500+
  9. 9
    City of Myrtle Beach Government
  10. 10
    Horry Telephone Cooperative (HTC) Technology

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

[04] Home Value Growth vs National

Horry County U.S. National

The Numbers

DEMOGRAPHICS
Population
356,578
+3.4% YoY
Median Household Income
$59,880
Median Home Value
$235,000
-2.46% 12mo
Median Rent
$1,128
Average Annual Pay
$48,046
+4.9% YoY
Employment
144,489
+2.4% YoY
Income-to-Home-Value
0.2548
More affordable than average
Migration Inflow
1.21%
of pop. from another state
Bachelor's Degree+
25.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$315,000
Days on Market
126
Slower market
Months of Supply
7.7
Buyer's market
Sale-to-List Ratio
96.3%
Negotiation room for buyers
Sold Above List
6.0%
Listings w/ Price Drops
20.0%
Building Permits (2024)
7,331
Single-Family Permits
7,269

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

[05] Crime & Safety

C
SAFETY
GRADE
Homicide Rate
7.0
per 100K · nat avg 6.3
Firearm Fatalities
19.0
per 100K · nat avg 14.8
Injury Deaths
114.4
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] Air Quality

B
AIR QUALITY
GRADE
Median AQI (3yr)
39.7
Good
Good Air Days
84%
723 of 859 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
Ozone
Ground-level ozone
Yearly Trend
2021
38
2022
38
2023
43
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

$905M
TOTAL
PROJECT AMOUNT STATUS
Horry County Schools Capital Projects (Penny Sales Tax)
Horry County Schools
$600M Operating
DC BLOX Cable Landing Station and Data Center Campus Expansion (MYR2)
DC BLOX
$200M Under Construction
Landrace Holdings Solar Farm
Landrace Holdings, LLC
$55M Operating
Palmetto Coast Industrial Park
Edgewater Ventures
$50M Under Construction

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

[08] Score Breakdown

GDP Growth +4.3% 76 percentile
Population Growth +3.4% 97 percentile
Income Growth +9.5% 72 percentile
Vacancy Rate 3.4% 1 percentile
Home Price Change -2.5% 12 percentile
Rent Growth +0.1% 11 percentile
Price/Rent 12x 68 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 23/100, Horry County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $59,880 combined with job growth of +2.4% suggests the local economy is struggling to keep pace with national trends.

Is Horry County affordable?

Housing in Horry County is roughly in line with national affordability norms. The median home costs $235,000 and the income-to-home-value ratio sits at 0.25, with rents averaging $1,128/month. Not a bargain, but not a stretch for most local earners either.

Is Horry County growing or shrinking?

Horry County is growing on multiple fronts. Population is up +3.4% year-over-year while employers added jobs at a +2.4% clip. Home values shifted -2.5% in the past year.

Are many people relocating to Horry County?

Not particularly — 1.21% of Horry County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Charleston County, SC 24 Dorchester County, SC 26 Berkeley County, SC 18 Georgetown County, SC 30 Lexington County, SC 31 Greenwood County, SC 32 Clayton County, GA 23 St. Tammany Parish, LA 23