40 Apartments for rent in Folly Beach, SC

Folly Beach, South Carolina is a small town with a population of approximately 3,000. Middle-aged professionals will fit right in, as they account for an above-average portion of the population, while young adults are less well-represented. Overall, the town's residents, with an average age of just under 43, skew older than most cities in South Carolina. Renters tend to be in the minority in the area, and 63% of residents own their homes. With an average rent of $1,217 a month, exceeding the state average by $309 a month, relatively high rent costs may be playing a role in the higher levels of ownership.

Compared to the national average (7%), Folly Beach has a large percentage of residents older than 25 with advanced degrees, as 13% possess a Master's degree or a Doctoral degree. Additionally, 31% possess a Bachelor's degree, which also outpaces the national average. There are five primary industries in Folly Beach: entertainment, education, scientific, retail, and manufacturing. Together, these industries make up 47% of the town's labor force. Meanwhile, looking at job function, many of the town's residents work in management, as 12% of the town's population reports this as their field of work, the highest number of any field. Folly Beach workers bring in an average annual income of about $93K, more than the average South Carolina resident. The town's average income also compares favorably to the national average ($73,345).

Averaging about 22 minutes, Folly Beach's commute time is shorter than the South Carolina average of about 24 minutes. Many residents (47%) commute to work by car or truck, while public transportation is not used extensively. Walking (10%) isn't a common method of commuting to work, though the number far exceeds the national average.