Isle of Palms, SC Profile: Facts & Data

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Isle of Palms, South Carolina - Basic Facts

The City of Isle of Palms had a population of 4,703 as of July 1, 2019. Isle of Palms ranks in the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in South Carolina. See peer rankings below.

The primary coordinate point for Isle of Palms is located at latitude 32.7868 and longitude -79.7948 in Charleston County. The formal boundaries for the City of Isle of Palms encompass a land area of 4.44 sq. miles and a water area of 1 sq. miles. Charleston County is in the Eastern time zone (GMT -5). The elevation is 0 feet.

The City of Isle of Palms (GNIS ID: 2404771) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

South Carolina is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Isle of Palms is located within of Charleston County.


Jump to... (On This Page!)
  1. Isle of Palms 2019 Demographic Data
  2. Growth Rates for Isle of Palms (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. South Carolina Research Tools (Easy Tools & Current Data)
  3. South Carolina Data Comparison Tool - 2019 Demographics

Isle of Palms, SC - Most Popular Things to Do

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.


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Isle of Palms, SC Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Isle of Palms, SC Housing Affordability Index is 70
State of South Carolina Housing Affordability Index is 149
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX

Isle of Palms, SC Wealth Index is 292
State of South Carolina Wealth Index is 81
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
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  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the South Carolina COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 4,703 (100%)
Population in Households 4,703 (100.0%)
Population in Families 3,846 (81.8%)
Population in Group Quarters1 0
Population Density 1,060
Diversity Index2 8
 

INCOME

Median Household Income $114,294
Average Household Income $169,896
Per Capita Income $75,104
Wealth Index4 292

HOUSING

Total Housing Units 4,711 (100%)
Owner Occupied HU 1,649 (35.0%)
Renter Occupied HU 430 ( 9.1%)
Vacant Housing Units 2,632 (55.9%)
Median Home Value $882,378
Housing Affordability Index3 70
 

HOUSEHOLDS

Total Households 2,079
Average Household Size 2.26
Family Households 1,432
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.41% 1.45%
Households 1.4% 1.41%
Families 1.21% 1.32%
Median Household Income   1.18%
Per Capita Income   1.38%

Isle of Palms, SC - Peer Comparisons by Rank and Percentile

The table below compares Isle of Palms to the other 397 incorporated cities, towns and CDPs in South Carolina by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 103 74th
Population Density # 120 70th
Diversity Index # 393 1st
Median Household Income # 5 99th
Per Capita Income # 4 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE South Carolina Census Data Comparison Tool.

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