Folly Beach is a very small coastal city (i.e. on the ocean, a bay, or inlet) located in the state of South Carolina. With a population of 2,083 people and just one neighborhood, Folly Beach is the 133rd largest community in South Carolina.
Folly Beach home prices are not only among the most expensive in South Carolina, but Folly Beach real estate also consistently ranks among the most expensive in America.
Folly Beach is neither predominantly blue-collar nor white-collar, instead having a mixed workforce of both blue-collar and white-collar jobs. Overall, Folly Beach is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Folly Beach who work in office and administrative support (20.61%), legal occupations (19.18%), and sales jobs (11.84%).
One interesting thing about the economy is that relatively large numbers of people worked from their home: 28.57% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Another notable thing is that Folly Beach is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the city experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller city.
Residents will find that the city is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Folly Beach is worth considering.
Folly Beach is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Folly Beach, however, is that residents on average have to contend with a long commute, spending on average 30.56 minutes every day commuting to work.
Being a small city, Folly Beach does not have a public transit system used by locals to get to and from work.
The citizens of Folly Beach are among the most well-educated in the nation: 43.57% of adults in Folly Beach have a bachelor's degree or even advanced degree, whereas the average US city has 21.84% holding at least a bachelor's degree.
The per capita income in Folly Beach in 2022 was $61,847, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $247,388 for a family of four. However, Folly Beach contains both very wealthy and poor people as well.
The people who call Folly Beach home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Folly Beach residents report their race to be White. Important ancestries of people in Folly Beach include German, Irish, English, Italian, and Scottish.
The most common language spoken in Folly Beach is English. Other important languages spoken here include Italian and Polish.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.
In addition, vacant homes and apartments are a significant characteristic of this neighborhood. In fact, with 78.9% of the residential real estate vacant, the neighborhood claims the distinction of having a higher vacancy rate than 99.9% of the neighborhoods in America. This can either be because much of the property is seasonally occupied, like in many vacation areas, or that much of the real estate is more permanently abandoned.
In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, if you're nearing retirement age, or in retirement, the is an excellent choice for you to consider for top-quality retirement living. This neighborhood is rated by NeighborhoodScout as among the top 6.9% of retiree-friendly neighborhoods in South Carolina, combining peace and quiet, safety from crime, and offering diverse housing options from which retirees can choose. Maybe it's because of these amenities that a large proportion of the residents here are college educated seniors, mixed with other age groups. For these and other reasons, NeighborhoodScout identifies this neighborhood as a top-notch place to consider if you are thinking of or planning to retire in South Carolina.
Did you know that the neighborhood has more Scottish and Eastern European ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.6% of this neighborhood's residents have Scottish ancestry and 3.2% have Eastern European ancestry.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the neighborhood in Folly Beach are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the neighborhood, 40.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 32.2% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (20.4%), and 6.7% in manufacturing and laborer occupations.
The most common language spoken in the neighborhood is English, spoken by 100.0% of households. Some people also speak Italian (2.9%).
Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.
In the neighborhood in Folly Beach, SC, residents most commonly identify their ethnicity or ancestry as German (16.7%). There are also a number of people of Irish ancestry (13.9%), and residents who report Italian roots (11.0%), and some of the residents are also of English ancestry (8.9%), along with some Scottish ancestry residents (8.6%), among others.
Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in neighborhood spend between 30 and 45 minutes commuting one-way to work (46.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (79.0%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.