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Population & People
Population
24,464
Median age
43.3
Median household income
$62,257
Poverty rate
12.6%
Unemployment rate
3.5%
Bachelor's degree+
21.8%
Avg. commute
19 min
Hispanic or Latino
18.6%
Source: U.S. Census Bureau, American Community Survey.
Housing & Rent
Median home value
$234,200
Median gross rent
$1,246/mo
Homeownership rate
65.87%
HUD FMR — 2 bedroom
$1,155
HUD Fair Market Rent (South Carolina statewide average across 46 areas — not specific to Socastee), 2026. Efficiency $928, 1BR $982, 2BR $1155, 3BR $1450, 4BR $1699. This is a different official figure from Census median gross rent above.
Energy
South Carolina commercial electricity
11.05¢/kWh
South Carolina industrial electricity
7.11¢/kWh
South Carolina residential electricity
14.96¢/kWh
Economy
Gross Domestic Product: All Industry Total
378830.6
Real Gross Domestic Product: All Industry Total
286774.3
All-Transactions House Price Index for South Carolina
725.16
Unemployment Rate
4.2%
Source: FRED, South Carolina-specific series.