Tega Cay is a somewhat small city located in the state of South Carolina. With a population of 13,689 people and two associated neighborhoods, Tega Cay is the 39th largest community in South Carolina. Much of the housing stock in Tega Cay was built relatively recently. The construction of new real estate can often be taken as an indication that the local Tega Cay economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Tega Cay, where the median household income is $140,172.00.
Tega Cay home prices are not only among the most expensive in South Carolina, but Tega Cay real estate also consistently ranks among the most expensive in America.
Also of interest is that Tega Cay has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 21.55% 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.
In addition, Tega Cay is home to many people who could be described as "urban sophisticates". Urban sophisticates are educated, wealthy, executives and professionals, who have urbane tastes in books, food, and travel, whether they actually live in a big city, or choose to reside in a small town. In big or medium-sized cities, urban sophisticates tend to frequent art institutions such as opera, symphonies, ballet, live theatre, and museums.
Tega Cay is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Tega Cay’s overall crime rate is lower than average for the country.
One downside of living in Tega Cay, however, is that residents on average have to contend with a long commute, spending on average 31.81 minutes every day commuting to work.
Do you like to read, write and learn? If you move to Tega Cay, you'll likely find that many of your neighbors like to as well. Tega Cay is one of the more educated communities in America, with a full 66.77% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.
The per capita income in Tega Cay in 2022 was $62,042, which is wealthy relative to South Carolina and the nation. This equates to an annual income of $248,168 for a family of four.
Tega Cay is a very ethnically-diverse city. The people who call Tega Cay home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Tega Cay residents report their race to be White, followed by Asian. Tega Cay also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.89% of the city’s residents. Important ancestries of people in Tega Cay include German, Irish, English, Italian, and European.
The most common language spoken in Tega Cay is English. Other important languages spoken here include Spanish and German/Yiddish.