Interested in purchasing investment houses in the 29588 zip code in Myrtle Beach, SC?
The zip code 29588 is in Horry county with a latitude of -79.024490000000 and longitude of 33.671620000000, is in the state of South Carolina. The average asking price of houses and condos is $180,893.00 and the average sale price was $130,527.00. this regions is classified as the Myrtle Beach metro area and consists of the following area codes: 843 and 854. The location in degrees is 33° 40' 17.832" N, 79° 1' 28.164" W. The county F.I.P.S. is 45051. This zip code contains four cities including Socastee, SC (31.81%), Red Hill, SC (4.24%), Forestbrook, SC (3.50%), and Myrtle Beach, SC (0.09%) The total land area is 41.7 square miles and the water area is 0.9 square miles. The elevation in this area is 13 - 39 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 29588 is in county number 041 and is L. Sector 00, L. Segment 11, H. Sector 86, and H. Segment 86. The population was 48,599 in 2019. This further breaks down to 23,633 males (48.6%) and 24,965 females (51.4%). The median age of residents is 42.8 years. The population of the greater Myrtle Beach-North Myrtle Beach-Conway, SC area is 279,428. The population density (people per square mile) is 1,166. This zip code has a combined total of 20,559 houses and condos. There are 4,820 rented appartments. 27% of residents rent versus the 27% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $38,409 and the average salary is $32,425. The median household income of individuals is $48,422.00 and the average is $47,160.00. This zip code has a mean commute time to work of 23.1 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 51.60% (Under $50,000), 37.40% ($50,000-$100,000), and 11.00% earn over $100,000. 14.2% of residents live below poverty line versus the 13.8% in the state that are below this line. The cost of living index is 82.6. The educational breakdown is 89.7% have a high school education or higher, 23.0% have a bachelor's degree or higher, and 8.5% have some kind of profesional degree.
This area has 14,567 households and the average size is 2.7 people. Individuals who are single and have never been married are 27.4%, 50.1% are now married, 3.2% are separated, 7.1% are widowed, and 12.2% are divorced. The average yearly contribution amount given by people to charity was $2,501 versus the state average of $5,169. The percent of residents who gave to charity was 19.7%.
The estimated median value of houses and condos is $196,270. The median monthly owner costs of mortgage holders was $1,234, where as the costs for those who don't have a mortgage are $378. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 4.6.
The real estate tax percent rate is 0.3% which equated to an average real estate tax amount payment of $635. In comparision, the average real estate tax percent rate in the state is 0.5% which equated to an average real estate tax amount payment in the state of $980. The median housing property tax percent for residents with mortgages was 0.3% which amounted to an average tax amount of $678. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $569. Reported taxable interest for persons was $810, dividends $2,107, capital gains +$2,701, and itemized deductions $18,060. The average earned income tax credit is $2,189. The percent of individuals that use a tax preparer is 51.2%. The total average income taxes paid by individuals was $4,860. Businesses reported an average profit of $8,929.
Chopstix & Fork -American Diner
3947 Dick Pond Rd, Myrtle Beach, SC 29588
Magoo's Sports & Spirits
3308 Waccamaw Blvd, Myrtle Beach, SC 29579 (1 miles away)
Captain George's Seafood Restaurant
1401 29th Ave N, Myrtle Beach, SC 29577 (4 miles away)
HomeTown Buffet
8671 Highway 17 Byp S, Myrtle Beach, SC 29575 (6.5 miles away)
Duffy Street Seafood Shack
9924 N Kings Hwy, Myrtle Beach, SC 29572 (10.3 miles away)
Speedy Cafxc3x83xc2xa9
2208 Highway 378, Conway, SC 29527 (10.6 miles away)