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Socastee, South Carolina Demographics & Population 2026

During the 2020–2024 ACS period, Socastee, South Carolina had a total population of 23,796, the 27th largest community in South Carolina, with a median household income of $62,257, which is 10% lower than the state average. The poverty rate is 12.6%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Socastee Quick Facts

Population 23,796
Median Household Income $62,257
Median Home Value $234,200
Poverty Rate 12.6%
Unemployment Rate 3.5%
Median Age 43.3 years
Homeownership Rate 65.9%
Affordability Ratio 3.8x
Bachelor's Degree or Higher 21.8%
High School Graduation Rate 91.2%
Diversity Index 48/100
Population 23,796 27th of 474
Median Income $62,257 above average
Poverty Rate 12.6% about the same as national
Median Home Value $234,200 top 30%

How Socastee Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population24,62923,796-3.4%
Median household income$59,826$62,257+4.1%
Median home value$218,200$234,200+7.3%

How Socastee Compares

Economy & Housing

Household Income Distribution

Under $25K 16.1%
$25K-$50K 21.5%
$50K-$100K 35.9%
$100K+ 26.6%
Detailed income brackets
Under $10K
4.0%
$10K-$15K
3.6%
$15K-$20K
4.1%
$20K-$25K
4.3%
$25K-$30K
2.3%
$30K-$35K
2.3%
$35K-$40K
4.6%
$40K-$45K
5.3%
$45K-$50K
7.1%
$50K-$60K
11.0%
$60K-$75K
9.6%
$75K-$100K
15.4%
$100K-$125K
9.4%
$125K-$150K
6.1%
$150K-$200K
5.2%
$200K+
5.8%

Employment

3.5% Unemployment Rate State: 4.9%|National: 5.2%
59.0% Labor Force Participation

Housing Overview

Owner 65.9%
Renter 34.1%
Affordability Index Affordable
3.8x home value to income ratio
Median gross rent $1,246/mo 24.0% of median household income annually

People & Demographics

Diversity Index

48out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 55 | National average: 61

Education

Socastee Rankings in South Carolina

#27 Population of 474
#149 Median Income of 417
#183 Education of 473
#114 Home Value of 414

Other Cities in Horry County

CityPopulationMedian IncomePovertyHome Value
Myrtle Beach 38,371 $60,394 19.0% $388,800
Conway 27,263 $56,650 21.0% $260,900
Carolina Forest 26,263 $74,436 13.0% $336,800
North Myrtle Beach 19,855 $72,722 7.4% $416,900
Red Hill 15,920 $68,250 19.1% $249,500
Little River 11,771 $65,786 12.7% $305,800
Garden City 11,591 $47,249 17.7% $217,400
Forestbrook 7,479 $81,286 6.8% $335,800
Surfside Beach 4,270 $70,106 16.8% $450,100
Homewood 2,708 $64,659 21.4% N/A

Cities Similar to Socastee

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Easley24,841$66,299$263,50031.9%13.9%
Taylors24,505$77,144$257,50046.8%10.6%
Conway27,263$56,650$260,90019.6%21.0%
Carolina Forest26,263$74,436$336,80035.5%13.0%
Lexington24,585$87,126$297,70050.7%7.4%

Population Overview

Socastee is a small city located in South Carolina, within Horry County. The total population is 23,796. It ranks as the 27th most populous out of 474 Census-designated places in South Carolina.

Age Demographics

The median age in Socastee is 43.3 years. This is 8% higher than the state median of 40.2 years.

Economy, Income & Housing

The median household income in Socastee is $62,257. This is 10% lower than the state median of $69,324. It is also 23% lower than the national median of $80,734. The poverty rate stands at 12.6%. This is 11% lower than the state poverty rate of 14.1%. The unemployment rate is 3.5%. This is 29% lower than the state rate of 4.9%. The median home value is $234,200. Housing costs are 10% lower than the state median of $259,000. The home-value-to-income ratio is 3.8x. 65.9% of occupied housing units are owner-occupied. This homeownership rate is 8% lower than the state average of 71.9%.

Race & Ethnicity

The largest racial or ethnic group in Socastee is White (non-Hispanic), making up 69.6% of the population. Hispanic or Latino residents account for 18.6%. The Black or African American population (5.5%) is well below the state average of 24.6%. The Hispanic or Latino population is significantly higher than the state average (18.6% vs 7.4%).

Education

21.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 32% lower than the state rate of 32.1%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.2%.

Data Sources & Methodology

All demographic data for Socastee, South Carolina is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against South Carolina state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 474 Census-designated places in South Carolina. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all South Carolina city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Socastee, South Carolina?

Socastee, South Carolina has a population of 23,796 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Socastee, SC?

The median household income in Socastee is $62,257, which is 23% lower than the national median of $80,734.

What is the poverty rate in Socastee, SC?

The poverty rate in Socastee is 12.6%. This means approximately 2,975 residents live below the federal poverty line.

What is the racial makeup of Socastee, South Carolina?

Socastee's population is 69.6% White, 5.5% Black, 18.6% Hispanic/Latino, and 1.1% Asian.

What is the median home value in Socastee, SC?

The median home value in Socastee is $234,200. The home-value-to-income ratio is 3.8x.

How educated is Socastee, South Carolina?

21.8% of adults (25+) in Socastee hold a bachelor's degree or higher, and 5.5% hold a graduate or professional degree.