29576 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Horry County
Centroid: Latitude 33.587, Longitude -79.009
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 29576 has segments in 2 Counties (Georgetown, Horry).

Businesses Addresses: 1,295
PO Box Addresses: 1,028
Residential Addresses: 18,142

Multi-Family Addresses: 2,017
Single Family Addresses: 16,125

The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2020, Maps updated: November 4, 2020.

Murrells Inlet, SC 29576 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	30,799 (100%)
Population in Households	30,664 (99.6%)
Population in Families	23,845 (77.4%)
Population in Group Quarters¹	135 ( 0.4%)
Population Density	592
Diversity Index²	19


INCOME
Median Household Income	$54,772
Average Household Income	$74,625
% of Income for Mortgage⁴	17%
Per Capita Income	$34,927
Wealth Index⁵	97

HOUSING
Total HU (Housing Units)	22,587 (100%)
Owner Occupied HU	12,088 (53.5%)
Renter Occupied HU	2,323 (10.3%)
Vacant Housing Units	8,176 (36.2%)
Median Home Value	$227,815
Average Home Value	$265,197
Housing Affordability Index³	150

HOUSEHOLDS
Total Households	14,411
Average Household Size	2.13
Family Households	9,275
Average Family Size	3

NOTES

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.
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 races 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.
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.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
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.

Murrells Inlet, SC 29576 - Peer Comparisons by Rank and Percentile

The table below compares 29576 to the other 398 ZIP Codes in South Carolina by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	2.49%	2.23%
Households	2.41%	2.19%
Families	2.35%	2.15%
Median Household Income		1.49%
Per Capita Income		2.08%
Owner Occupied HU		2.25%

Variable Description	Rank	Percentile
Total Population	# 56	86th
Population Density	# 82	80th
Median Household Income	# 108	73rd
Housing Affordability Index	# 64	16th
Per Capita Income	# 50	88th
Diversity Index	# 378	5th

Murrells Inlet, SC 29576 ZIP Code Profile

ZIP Code 29576: Basic Data & USPS Preferred City Name

Murrells Inlet, SC 29576 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Murrells Inlet, SC 29576 - Peer Comparisons by Rank and Percentile

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